Taseko Mines Limited
Here’s whether Taseko Mines Limited (TGB) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.
Positives: trading above the 200-day MA (long-term uptrend intact); 50-day MA is rising (+3.03% over 10 days); RSI 48 — healthy momentum range; strong 1-year return of +155.8%. Concerns: below the 50-day MA (medium-term momentum negative); 3-month momentum negative (-7.5%). Currently 28.1% off its 52-week high. Score: +3/7.
TGB is holding above its long-term 200-day MA ($5.90) but has slipped below the 50-day MA ($7.13), pointing to short-term weakness in an otherwise intact trend. An RSI of 47.9 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +155.8% compares to +24.4% for SPY (beat the market by 131.4%). The current 28.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.