Tmc The Metals CO Inc U (SOA.U) Technical Analysis
NYSE:SOA.U
Current stock price
SOA.U Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SOA.U. In the past year, SOA.U was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- Warning: SOA.U has an average volume of 3124 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the performance of all stocks over the past year, SOA.U turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- SOA.U is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOA.U is lagging the market.
- In the last month SOA.U has a been trading in the 10.06 - 13.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SOA.U Weekly and Daily overview Charts
SOA.U Setup Rating and Analysis
SOA.U has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SOA.U Support and Resistance Analysis
10.00
We found 1 important support area.
- A support zone ranging from 10.10 to 10.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @12.29 from a horizontal line in the daily time frame.
SOA.U Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SOA.U is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOA.U is up. |
| ChartMill Relative Strength | 42.2 | NEUTRAL | SOA.U is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOA.U is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOA.U is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOA.U is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.43 | NEUTRAL | The RSI value for SOA.U is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SOA.U has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.82 | NEUTRAL | The Stochastics value for SOA.U is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for SOA.U suggests some volalility. |
SOA.U Chart- and CandleStick Pattern Analysis
SOA.U Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.30 | 10.05 | 2.25 (18.29%) | 5.47% |
| An entry @12.30. This is a Buy Stop order right above the resistance zone. | An exit @10.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.25 points, which is 18.29%. | For a 1.00% total portfolio risk, you can invest 5.47% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SOA.U Technicals: Chart, Performance Metrics, Trend & Indicators
11.23
-0.17 (-1.49%)
Tmc The Metals CO Inc U / SOA.U TA FAQ
What is the ChartMill technical rating of Tmc The Metals CO Inc U (SOA.U) stock?
ChartMill assigns a technical rating of 6 / 10 to SOA.U.
What is the trend direction for SOA.U stock?
The current trend direction for Tmc The Metals CO Inc U (SOA.U) is Bearish.
What is the RSI signal for Tmc The Metals CO Inc U (SOA.U) stock?
Tmc The Metals CO Inc U (SOA.U) has an RSI value of 57.4261. This indicates that the stock is currently neutral.
What is the short term momentum for Tmc The Metals CO Inc U (SOA.U) stock?
The short term momentum for Tmc The Metals CO Inc U (SOA.U) is positive.