TURTLE BEACH CORP (TBCH) Stock Technical Analysis
NASDAQ:TBCH - Nasdaq - US9004502061 - Common Stock - Currency: USD
Taking everything into account, TBCH scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TBCH is a bad performer.
100% of all other stocks performed better in the past year than TBCH.
TBCH is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, of which 93% are performing better than TBCH.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month TBCH has a been trading in the 12.75 - 15.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TBCH has an excellent technical rating, but the quality of the setup is only medium 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
12.71
15.21
2 important support areas can be observed.
- Support @14.17 from a trend line in the daily time frame.
- A support zone ranging from 12.84 to 13.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.46 to 14.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.06 from a horizontal line in the daily 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 TBCH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TBCH is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TBCH 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 TBCH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBCH is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 57.88 | NEUTRAL | The RSI value for TBCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TBCH has a positive trend. |
| Stochastics (14,3) | 48.97 | NEUTRAL | The Stochastics value for TBCH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for TBCH suggests some volalility. |
| Average Directional Index/ADX (14) | 23.64 | NEUTRAL | The ADX value for TBCH suggests a possible start of a new 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)
14.45
+0.13 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.91%
1 Week1.12%
2 Weeks-0.34%
1 Month3.07%
3 Month34.79%
6 Month-17.57%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%4.15%
ATR Inc-2.72%
Range Today0.42
ADR(20)0.58
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High15.91
10 Day Low13.68
20 Day High15.91
20 Day Low12.75
52 Week HighN/A
52 Week LowN/A
CS1 End14.17
CR1 Start14.46
Volume & EV
DER(3)-1.6%
DER(5)0.84%
Volume211.30K
Volume Incr47.58%
Vol(5)283.88K
Vol(50)263.36K