Thoma Bravo Advantage Cl A (TBA) Technical Analysis
NYSE:TBA
Current stock price
TBA Technical Rating and Analysis
Overall TBA gets a technical rating of 4 out of 10. TBA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, TBA is a bad performer in the overall market: 100% of all stocks are doing better.
- TBA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TBA is lagging the market.
- 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.
- In the last month TBA has a been trading in the 9.72 - 11.05 range, which is quite wide. It is currently trading near the high of this range.
- TBA has an average volume of 1336000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TBA Weekly and Daily overview Charts
TBA Setup Rating and Analysis
TBA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TBA Support and Resistance Analysis
9.86
We found 1 important support area.
- A support zone ranging from 9.96 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.99 to 11.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
TBA 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 | UP | POSITIVE | The long term trend for TBA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TBA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TBA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 76.35 | OVERBOUGHT | The high RSI value suggests TBA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TBA has a positive trend. |
| Stochastics (14,3) | 65.33 | NEUTRAL | The Stochastics value for TBA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for TBA suggests some volalility. |
TBA Chart- and CandleStick Pattern Analysis
TBA Technicals: Chart, Performance Metrics, Trend & Indicators
10.98
+0.83 (+8.18%)
Thoma Bravo Advantage Cl A / TBA TA FAQ
Can you provide the ChartMill technical rating for Thoma Bravo Advantage Cl A?
ChartMill assigns a technical rating of 4 / 10 to TBA.
Can you provide the trend direction for Thoma Bravo Advantage Cl A?
The current trend direction for Thoma Bravo Advantage Cl A (TBA) is Bullish.
What is the RSI signal for TBA stock?
Thoma Bravo Advantage Cl A (TBA) has an RSI value of 76.3503. This indicates that the stock is currently overbought.
Can you provide the support and resistance levels for Thoma Bravo Advantage Cl A?
Thoma Bravo Advantage Cl A (TBA) has a support level at 10.22 and a resistance level at 10.99. Check the full technical report for our detailed analysis of TBA support and resistance levels.