What You Need to Know About Trilogy Metals, Inc.

Trilogy Metals, Inc.

Trilogy Metals, Inc. (NYSE:$TMQ) has seen some bearish momentum on their equity for the past 10 days. The stock even touched $0.994 during a recent trade.

Data is vital as a trader and investors have no shortage of data. The CCI, developed by Donald Lambert, is a useful tool that can spot an emerging trend or provide warnings of extreme conditions. The CCI is determined by measuring the current price compared to the average price level over a specific time period. A low CCI will indicate prices are lower than average, and a high CCI indicates that prices are much higher than average. Over the past 14 days, Trilogy has a CCI of -77.44.

Another useful tool is the Williams Percent Range, which was created by Larry Williams to help identify overbought or oversold stocks. This metric is often used alongside other tools to help spot possible stock turning points. If the indicator goes above -20, it indicates the stock is overbought, whereas if the indicator dips below -80, it may be a sign the stock is oversold. Trilogy currently has a Williams Percent Range of -66.15.

A trader can also measure a stock’s Average Directional Index to determine if the stock has a trend or not. Generally, a rating of 20 or under indicates no trend, a rating of 20-25 would indicate no clear trend, and anything above 25 would indicate a strong trend. The ADX is often used in conjunction with the Plus Directional Indicator and the Minus Directional Indicator. Trilogy Metals currently has an ADX of 15.67.

Another popular tool in the arsenal of an investor is Moving Averages. These measure the price over a given period of time to help identify troughs and peaks. They can help filter out confusion caused by the daily volatility of stocks. The Moving Average is often used in conjunction with other indicators to help forecast future prices of the stock. Trilogy currently has 7, 50, and 200-day Moving Averages of $0.99, $1.02, and $0.68.

A final tool we can look at is the Relative Strength Index – or RSI – which is determined by looking at closing prices over a specific period of time. The RSI is handy to monitor historical and current strength or weakness in a certain market. The RSI operates in a set range between 0 and 100, with 100 being a stronger period of momentum and 0 being a weaker period of momentum. The stock currently holds 3, 7, and 14 day RSI’s of $60.17, $46.60, and $46.60, respectively.

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About the author: Dylan is a content writer and editor located in Vancouver, British Columbia. He graduated from the University of Regina with BA degrees in both Journalism and History in 2016. His skills include writing, blogging, editing, and developing content for both print and internet media.