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 part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, of which 93% are performing better than TBLT.
TBLT is currently making a new 52 week low. This is a very bad signal. TBLT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
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.