TOUGHBUILT INDUSTRIES INC (TBLT) Stock Technical Analysis
NASDAQ:TBLT - Nasdaq - US89157G8684 - Common Stock - Currency: USD
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. 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.
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
2.15
2.19
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. |
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)
2.17
-3.25 (-59.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-59.96%
1 Week-68.16%
2 Weeks-63.16%
1 Month-56.94%
3 Month-11.43%
6 Month-65.61%
12 Month-89.88%
2 Year-98.86%
3 Year-99.96%
5 Year-99.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%37.88%
ATR Inc227.72%
Range Today3.94
ADR(20)0.78
ADR(20)%35.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.59
Mansfield-7.47
10 Day High7
10 Day Low2.01
20 Day High7
20 Day Low2.01
52 Week High22.09
52 Week Low2.01
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-10.38%
DER(5)-7.11%
Volume376.00K
Volume Incr26.24%
Vol(5)133.84K
Vol(50)195.52K