Back to top

TGC Industries Inc. (TGE) Moving Average Crossover Spotted
September 23, 2013

Read MoreHide Full Article
TGC Industries Inc. could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for TGE broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.

This has already started to take place, as the stock has moved lower by 2.9% in the past four weeks. Plus, the company currently has a Zacks Rank #4 (Sell) meaning that now could definitely be the time to get out of this potentially in-trouble stock.



Normally $25 each - click below to receive one report FREE:



More from Zacks Tale of the Tape

You May Like