TOUGHBUILT INDUSTRIES INC (TBLT) Technical Analysis
NASDAQ:TBLT • US89157G8684
Current stock price
TBLT Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to TBLT. TBLT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, TBLT is a bad performer in the overall market: 95% of all stocks are doing better.
- TBLT is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 93% of 45 stocks in the same industry do better.
- TBLT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TBLT is lagging the market.
- In the last month TBLT has a been trading in the 2.01 - 7.00 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.
TBLT Weekly and Daily overview Charts
TBLT Setup Rating and Analysis
The technical rating of TBLT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TBLT Support and Resistance Analysis
TBLT 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 TBLT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBLT is neutral. |
| ChartMill Relative Strength | 5.59 | NEGATIVE | TBLT has a low relative strength, it was outperformed by 94.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBLT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBLT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.12 | NEUTRAL | The RSI value for TBLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests TBLT has a negative trend. |
| Stochastics (14,3) | 22.27 | NEUTRAL | The Stochastics value for TBLT is a neutral value. |
| Average True Range in percent/ATR (20) | 37.88 | HIGH VOLATILITY | The high ATR as a percentage value for TBLT suggests high volalility. |
| Average Directional Index/ADX (14) | 26.11 | POSITIVE | The high ADX value value for TBLT suggests a strong trend. |
TBLT Chart- and CandleStick Pattern Analysis
TBLT Technicals: Chart, Performance Metrics, Trend & Indicators
2.17
-3.25 (-59.96%)
TOUGHBUILT INDUSTRIES INC / TBLT TA FAQ
What is the ChartMill technical rating of TOUGHBUILT INDUSTRIES INC (TBLT) stock?
ChartMill assigns a technical rating of 1 / 10 to TBLT.
What is the current trend direction of TOUGHBUILT INDUSTRIES INC (TBLT) stock?
The current trend direction for TOUGHBUILT INDUSTRIES INC (TBLT) is Bearish.
Can you provide the RSI signal for TOUGHBUILT INDUSTRIES INC?
TOUGHBUILT INDUSTRIES INC (TBLT) has an RSI value of 30.1221. This indicates that the stock is currently neutral.
What is the short term momentum for TOUGHBUILT INDUSTRIES INC (TBLT) stock?
The short term momentum for TOUGHBUILT INDUSTRIES INC (TBLT) is neutral.