TALOS ENERGY INC (TALO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TALO - US87484T1088 - Common Stock
10.84 USD
-0.06 (-0.55%)
10.84 USD
0 (0%)
We assign a technical rating of 5 out of 10 to TALO. TALO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TALO is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 73% of 208 stocks in the same industry.
TALO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TALO is lagging the market slightly.
TALO has an average volume of 1980030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TALO outperforms 63% of them, which is more or less in line with the market.
In the last month TALO has a been trading in the 10.33 - 11.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TALO 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
8.74
12.27
When analyzing the support we can see 5 important areas.
- A support zone ranging from 10.72 to 10.83. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 10.36 to 10.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.65 from a trend line in the daily time frame.
- Support @9.13 from a horizontal line in the daily time frame.
- Support @8.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.87 to 11.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.71 to 11.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.15 from a horizontal 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 | UP | POSITIVE | The long term trend for TALO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TALO is neutral. |
| ChartMill Relative Strength | 63.12 | NEUTRAL | TALO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TALO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TALO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TALO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.98 | NEUTRAL | The RSI value for TALO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TALO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.42 | NEUTRAL | The Stochastics value for TALO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for TALO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.61 | NEGATIVE | The low ADX value for TALO suggests a weak or negative trend. |
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)
10.84
-0.06 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.55%
1 Week-3.64%
2 Weeks-1.63%
1 Month-9.21%
3 Month19.65%
6 Month18.73%
12 Month1.88%
2 Year-16.42%
3 Year-45.28%
5 Year28.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%3.83%
ATR Inc20.15%
Range Today0.33
ADR(20)0.38
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.12
3 months CRS87.83
6 months CRS80.33
Mansfield0.49
10 Day High11.56
10 Day Low10.33
20 Day High11.93
20 Day Low10.33
52 Week High12.2
52 Week Low6.23
CS1 End10.83
CR1 Start10.87
Volume & EV
DER(3)-0.49%
DER(5)-1.26%
Volume1.23M
Volume Incr-25.75%
Vol(5)1.48M
Vol(50)1.98M
TALOS ENERGY INC / TALO FAQ
What is the technical rating for TALO stock?
ChartMill assigns a technical rating of 5 / 10 to TALO.
What is the current trend direction of TALOS ENERGY INC (TALO) stock?
The current trend direction for TALOS ENERGY INC (TALO) is Bullish.
What is the RSI signal for TALOS ENERGY INC (TALO) stock?
TALOS ENERGY INC (TALO) has an RSI value of 47.9782. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TALOS ENERGY INC?
The MACD indicator for TALOS ENERGY INC (TALO) has a value of -0.0632087, indicating a bearish trend.