TRAVELCENTERS OF AMERICA - TA 8 12/15/29 (TANNL) Technical Analysis
NASDAQ:TANNL • US8941743093
Current stock price
TANNL Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to TANNL. TANNL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- TANNL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: TANNL has an average volume of 9962 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When compared to the yearly performance of all other stocks, TANNL outperforms 61% of them, which is more or less in line with the market.
- TANNL is an average performer in the Specialty Retail industry, it outperforms 66% of 122 stocks in the same industry.
- In the last month TANNL has a been trading in a tight range between 24.85 and 25.50.
- Volume is considerably higher in the last couple of days.
TANNL Weekly and Daily overview Charts
TANNL Setup Rating and Analysis
Although the technical rating is bad, TANNL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TANNL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
TANNL Support and Resistance Analysis
24.47
We found 1 important support area.
- A support zone ranging from 24.72 to 24.99. 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.
- A resistance zone ranging from 25.05 to 25.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TANNL 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 | DOWN | NEGATIVE | The long term trend for TANNL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TANNL is down. |
| ChartMill Relative Strength | 61.14 | NEUTRAL | TANNL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TANNL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TANNL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TANNL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.58 | NEUTRAL | The RSI value for TANNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TANNL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.63 | NEUTRAL | The Stochastics value for TANNL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for TANNL suggests low volalility. |
| Average Directional Index/ADX (14) | 26.7 | POSITIVE | The high ADX value value for TANNL suggests a strong trend. |
TANNL Chart- and CandleStick Pattern Analysis
TANNL Technicals: Chart, Performance Metrics, Trend & Indicators
TRAVELCENTERS OF AMERICA - TA 8 12/15/29
NASDAQ:TANNL (5/25/2023, 8:11:23 PM)
25.01
0 (0%)
TRAVELCENTERS OF AMERICA - TA 8 12/15/29 / TANNL TA FAQ
What is the ChartMill technical rating of TRAVELCENTERS OF AMERICA - TA 8 12/15/29 (TANNL) stock?
ChartMill assigns a technical rating of 1 / 10 to TANNL.
What is the current trend direction of TRAVELCENTERS OF AMERICA - TA 8 12/15/29 (TANNL) stock?
The current trend direction for TRAVELCENTERS OF AMERICA - TA 8 12/15/29 (TANNL) is Bearish.
What is the RSI signal for TANNL stock?
TRAVELCENTERS OF AMERICA - TA 8 12/15/29 (TANNL) has an RSI value of 39.5787. This indicates that the stock is currently neutral.
What is the buy/sell signal for TRAVELCENTERS OF AMERICA - TA 8 12/15/29 (TANNL) stock?
The buy/sell signal for TRAVELCENTERS OF AMERICA - TA 8 12/15/29 (TANNL) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TRAVELCENTERS OF AMERICA - TA 8 12/15/29 (TANNL) stock?
TRAVELCENTERS OF AMERICA - TA 8 12/15/29 (TANNL) has a support level at 24.99 and a resistance level at 25.05. Check the full technical report for our detailed analysis of TANNL support and resistance levels.