TABOOLA.COM LTD (TBLA) Stock Technical Analysis
NASDAQ:TBLA - Nasdaq - IL0011754137 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TBLA. TBLA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
TBLA is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 74% of 71 stocks in the same industry.
TBLA has an average volume of 1842280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TBLA is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
TBLA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TBLA is lagging the market slightly.
In the last month TBLA has a been trading in the 3.34 - 3.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TBLA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.44
4.08
We found 1 important support area.
- A support zone ranging from 3.47 to 3.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.64 to 3.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.71 from a horizontal line in the daily time frame.
- Resistance @3.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.03 to 4.04. This zone is formed by a combination of multiple trend lines in the weekly 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 TBLA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TBLA is up. |
| ChartMill Relative Strength | 79.13 | POSITIVE | TBLA has a high relative strength, it outperformed 79.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TBLA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TBLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.69 | NEUTRAL | The RSI value for TBLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TBLA has a negative trend. |
| Stochastics (14,3) | 48.89 | NEUTRAL | The Stochastics value for TBLA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for TBLA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.79 | NEUTRAL | The ADX value for TBLA 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)
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 |
|---|---|---|---|
| 3.66 | 3.46 | 0.20 (5.46%) | 18.30% |
| An entry @3.66. This is a Buy Stop order right above the resistance zone. | An exit @3.46. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.20 points, which is 5.46%. | For a 1.00% total portfolio risk, you can invest 18.30% 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.
3.52
-0.13 (-3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-3.56%
1 Week-1.12%
2 Weeks-1.12%
1 Month4.76%
3 Month20.55%
6 Month-8.33%
12 Month4.14%
2 Year13.18%
3 Year39.13%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%3.16%
ATR Inc-9.35%
Range Today0.15
ADR(20)0.11
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.13
Mansfield0.06
10 Day High3.77
10 Day Low3.47
20 Day High3.77
20 Day Low3.34
52 Week High4.3
52 Week Low2.5
CS1 End3.47
CR1 Start3.64
Volume & EV
DER(3)-3.7%
DER(5)-4.05%
Volume1.53M
Volume Incr-1.07%
Vol(5)1.79M
Vol(50)1.84M