Trading Signals: TRCH Stock Price Prediction and Forecast

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Thu. Jun. 17, 2021

Trading Signals: TRCH Stock Price Prediction and Forecast (Tue. Jun. 15, 2021 - Tue. Jun. 22, 2021)

(Torchlight Energy Resources)
TRCH latest price $5.4200 (-9.06%) ($5.4200 - $5.4200) on Thu. Jun. 17, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   8.5% (three month average)
RSI   86
Latest Price   $5.4200(-9.06%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TRCH advances 11.6% a day on average for past five trading days.
Weekly Trend   TRCH advances 37.2% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support TRCH advance at 0% a week (0% probability)
SKYY(80%)    SDY(-120%)    XLF(-114%)    XLU(-29%)    XLP(-166%)
Factors Impacting TRCH price   TRCH will decline at least -4.25% in a week (0% probabilities).
GDXJ(-26%)    BLOK(225%)    FIVG(6%)    GDX(-96%)    XLC(137%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -4.25% (StdDev 8.5%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $4.62(17.32%)
10 Day Moving Average   $3.9(38.97%)
20 Day Moving Average   $3.19(69.91%)
To recent high   -9.1%
To recent low   6.9%
Market Cap   $773m

$. TRCH price fluctuates within 33.23% (three month std-dev: 8.5%) daily (68% of days).

Sample size 2 Average positive next day return: 1.18%(50%) Average negative next day return: -0.61%(50%) Sample size 2 Average positive next three day return: 65.17%(50%) Average negative next three day return: -2.38%(50%) Sample size 2 Average positive next weekly return: 275.97%(50%) Average negative next weekly return: -7.95%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210717

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_17_2021	5.48	3.19	3.9	4.62	5	5.69	5.42(-9.06%)	UD	OpenLong	75	0.8	91	1210	30	275	63.18	87%	-0.72	81.5	8.5%	0	2.1	86	1
2	Jun_16_2021	5.52	3.02	3.63	4.14	4.42	5.52	5.96(17.55%)	UT	HoldLong	65	1.9	96	1940	49	237	179.81	100%	8.88	72.9	8.39%	0	3.1	92	0.9
3	Jun_15_2021	5.07	2.82	3.29	3.56	3.67	4.31	5.07(43.02%)	UT	HoldLong	65	2.3	68	1310	34	171	257.96	100%		73.5	8.28%	0	3.4	91	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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