TAHOE RES INC (TAHO) Stock Technical Analysis
NYSE:TAHO - New York Stock Exchange, Inc. -
Taking everything into account, TAHO scores 6 out of 10 in our technical rating. In the last year, TAHO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TAHO has an average volume of 5283360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, TAHO outperforms 44% of them, which is more or less in line with the market.
TAHO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TAHO is lagging the market slightly.
In the last month TAHO has a been trading in the 3.45 - 3.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
TAHO has an average technical rating and it also does not offer a high quality setup 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
3.40
5.32
We found 2 important support areas.
- A support zone ranging from 3.59 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @3.43 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.76 to 3.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.91 from a horizontal line in the daily time frame.
- Resistance @5.27 from a trend line in the weekly time frame.
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 TAHO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TAHO is neutral. |
| ChartMill Relative Strength | 44.31 | NEUTRAL | TAHO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TAHO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TAHO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TAHO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.68 | NEUTRAL | The RSI value for TAHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TAHO has a negative trend. |
| Stochastics (14,3) | 48.5 | NEUTRAL | The Stochastics value for TAHO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for TAHO suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.64
-0.15 (-3.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.96%
1 Week-3.7%
2 Weeks-5.45%
1 Month5.2%
3 Month7.69%
6 Month-4.46%
12 Month-8.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%3.09%
ATR Inc72.67%
Range Today0.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.31
Mansfield-1.16
10 Day High3.92
10 Day Low3.59
20 Day High3.93
20 Day Low3.45
52 Week High5.63
52 Week Low2.17
CS1 End3.61
CR1 Start3.76
Volume & EV
DER(3)-1.81%
DER(5)-3.26%
Volume50.33M
Volume Incr1089.75%
Vol(5)24.54M
Vol(50)5.28M