Taranis Resources Stock Forecast

Sell candidate since Jun 17, 2026 Loss -11.65%

No changes to the price of Taranis Resources Inc. stock on the last trading day (Tuesday, 23rd Jun 2026). During the last trading day the stock fluctuated 10.70% from a day low at $0.0804 to a day high of $0.0890. The price has fallen in 5 of the last 10 days and is down by -15.1% for this period.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.0785 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -25.91% during the next 3 months and, with a 90% probability hold a price between $0.0582 and $0.0968 at the end of this 3-month period.

TNREF Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, June 18, 2026, and so far it has risen 0.500%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Taranis Resources Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0861 and $0.104. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Taranis Resources Inc. stock

Taranis Resources Inc. finds support from accumulated volume at $0.0800 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0086 between high and low, or 10.70%. For the last week, the stock has had daily average volatility of 5.94%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TNREF) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Taranis Resources Inc. to open at $0.0833, and during the day (based on 14 day Average True Range), to move between $0.0774 and $0.0834, which gives a possible trading interval of +/-$0.0060 (+/-7.71%) up or down from last closing price. If Taranis Resources Inc. takes out the full calculated possible swing range there will be an estimated 7.71% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0800 (0.50%) than the resistance at $0.0885 (10.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Taranis Resources Inc. stock A Buy?

Taranis Resources Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.683 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $0.0833 ( 3.57%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk