Taseko Mines Stock Technical Analysis

Taseko Mines Analyst Consensus

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Taseko Mines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Taseko Mines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Taseko Mines Technical Analysis

Taseko Mines Trend Analysis

Use this graph to draw trend lines for Taseko Mines. You can use it to identify possible trend reversals for Taseko Mines as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Taseko Mines price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Taseko Mines Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Taseko Mines applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that Taseko Mines will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 17.56, which is the sum of squared deviations for the predicted Taseko Mines price change compared to its average price change.

Most technical analysis of Taseko help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Taseko from various momentum indicators to cycle indicators. When you analyze Taseko charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taseko Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.Note that the Taseko Mines information on this page should be used as a complementary analysis to other Taseko Mines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

When running Taseko Mines' price analysis, check to measure Taseko Mines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taseko Mines is operating at the current time. Most of Taseko Mines' value examination focuses on studying past and present price action to predict the probability of Taseko Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taseko Mines' price. Additionally, you may evaluate how the addition of Taseko Mines to your portfolios can decrease your overall portfolio volatility.

Is Taseko Mines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taseko Mines. If investors know Taseko will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.