TURTLE BEACH CORP (TBCH) Technical Analysis
NASDAQ:TBCH • US9004502061
Current stock price
TBCH Technical Rating and Analysis
Overall TBCH gets a technical rating of 0 out of 10. TBCH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 84% of all other stocks performed better in the past year than TBCH.
- TBCH is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 63% of 37 stocks in the same industry do better.
- TBCH 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 TBCH is lagging the market.
- In the last month TBCH has a been trading in the 9.85 - 13.67 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
TBCH Weekly and Daily overview Charts
TBCH Setup Rating and Analysis
The technical rating of TBCH is bad and it also does not present a 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
TBCH Support and Resistance Analysis
10.06
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 12.70 to 12.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.31 from a trend line in the daily time frame.
- Resistance @15.98 from a trend line in the weekly time frame.
TBCH 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 TBCH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TBCH is down. |
| ChartMill Relative Strength | 16.61 | NEGATIVE | TBCH has a low relative strength, it was outperformed by 83.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBCH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBCH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBCH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.62 | OVERSOLD | The low RSI value suggests TBCH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests TBCH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.88 | OVERSOLD | The low Stochastics value suggests TBCH may be oversold. |
| Average True Range in percent/ATR (20) | 7.64 | HIGH VOLATILITY | The high ATR as a percentage value for TBCH suggests high volalility. |
| Average Directional Index/ADX (14) | 30.38 | POSITIVE | The high ADX value value for TBCH suggests a strong trend. |
TBCH Chart- and CandleStick Pattern Analysis
TBCH Technicals: Chart, Performance Metrics, Trend & Indicators
10.16
-0.06 (-0.59%)
TURTLE BEACH CORP / TBCH TA FAQ
What is the technical rating for TBCH stock?
ChartMill assigns a technical rating of 0 / 10 to TBCH.
Can you provide the trend direction for TURTLE BEACH CORP?
The current trend direction for TURTLE BEACH CORP (TBCH) is Bearish.
Can you provide the RSI signal for TURTLE BEACH CORP?
TURTLE BEACH CORP (TBCH) has an RSI value of 27.6207. This indicates that the stock is currently oversold.
Can you provide the short term momentum for TURTLE BEACH CORP?
The short term momentum for TURTLE BEACH CORP (TBCH) is negative.
Can you provide the support and resistance levels for TURTLE BEACH CORP?
TURTLE BEACH CORP (TBCH) has a resistance level at 12.7. Check the full technical report for our detailed analysis of TBCH support and resistance levels.