TravelCenters of America Inc (TA) Stock Technical Analysis
USA - NASDAQ:TA - US89421B1098 - Common Stock
Overall TA gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TA is showing a nice and steady performance.
Besides having an excellent technical rating, TA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 85.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
49.80
We found 3 important support areas.
- A support zone ranging from 85.96 to 85.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.43 from a horizontal line in the daily time frame.
- Support @50.30 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 88.02 to 88.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for TA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TA is up. |
| ChartMill Relative Strength | 99.05 | POSITIVE | TA has a high relative strength, it outperformed 99.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.55 | NEUTRAL | The RSI value for TA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests TA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.62 | OVERSOLD | The low Stochastics value suggests TA may be oversold. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for TA suggests low volalility. |
| Average Directional Index/ADX (14) | 46.59 | POSITIVE | The high ADX value value for TA suggests a strong trend. |
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 |
|---|---|---|---|
| 86.05 | 85.98 | 0.07 (0.08%) | 25.00% |
| An entry @86.05. This is a Buy Stop order right above the 10 day moving average. | An exit @85.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.08%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.02%. |
- The distance between exit and entry is rather small compared to the average daily movement of TA. Please evaluate whether better entry and exit points can be found.
- 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.
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-0.01 (-0.01%)
TravelCenters of America Inc / TA FAQ
Can you provide the ChartMill technical rating for TravelCenters of America Inc?
ChartMill assigns a technical rating of 8 / 10 to TA.
Can you provide the trend direction for TravelCenters of America Inc?
The current trend direction for TravelCenters of America Inc (TA) is Bullish.
Can you provide the RSI signal for TravelCenters of America Inc?
TravelCenters of America Inc (TA) has an RSI value of 53.5507. This indicates that the stock is currently neutral.
What is the short term momentum for TravelCenters of America Inc (TA) stock?
The short term momentum for TravelCenters of America Inc (TA) is positive.
What is the support and resistance level for TA stock?
TravelCenters of America Inc (TA) has a support level at 85.99 and a resistance level at 88.02. Check the full technical report for our detailed analysis of TA support and resistance levels.