TURTLE BEACH CORP (TBCH) Stock Technical Analysis
NASDAQ:TBCH - Nasdaq - US9004502061 - Common Stock - Currency: USD
Overall TBCH gets a technical rating of 6 out of 10. TBCH 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.
Although the technical rating is only medium, TBCH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 13.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TBCH 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.
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12.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.62 to 13.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.74 to 12.83. 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 14.44 to 14.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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) | 66.73 | NEUTRAL | The RSI value for TBCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TBCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.58 | OVERBOUGHT | The high Stochastics value suggests TBCH may be overbought. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for TBCH suggests some volalility. |
| Average Directional Index/ADX (14) | 31.75 | POSITIVE | The high ADX value value for TBCH suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.51 | 13.61 | 0.90 (6.20%) | 16.12% |
| An entry @14.51. This is a Buy Stop order right above the resistance zone. | An exit @13.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.90 points, which is 6.20%. | For a 1.00% total portfolio risk, you can invest 16.12% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:TBCH (7/3/2025, 8:11:51 PM)
14.43
-0.06 (-0.45%)