TRAILBLAZER MERGER CORP I (TBMC) Stock Technical Analysis
NASDAQ:TBMC - Nasdaq - US89278D1090 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to TBMC. TBMC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When compared to the yearly performance of all other stocks, TBMC outperforms 68% of them, which is more or less in line with the market.
TBMC 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 TBMC is lagging the market slightly.
In the last month TBMC has a been trading in a tight range between 11.71 and 12.21.
Although the technical rating is only medium, TBMC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
10.62
12.12
We found 3 important support areas.
- Support @11.36 from a trend line in the daily time frame.
- A support zone ranging from 11.07 to 11.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.73 to 10.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.79 to 12.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 TBMC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBMC is neutral. |
| ChartMill Relative Strength | 68.72 | NEUTRAL | TBMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBMC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TBMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.71 | NEUTRAL | The RSI value for TBMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TBMC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.61 | OVERSOLD | The low Stochastics value suggests TBMC may be oversold. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for TBMC suggests low volalility. |
| Average Directional Index/ADX (14) | 60.76 | POSITIVE | The high ADX value value for TBMC 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)
NASDAQ:TBMC (6/6/2025, 8:00:01 PM)
11.75
+0.03 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week-0.59%
2 Weeks-0.93%
1 Month-1.26%
3 Month6.05%
6 Month6.62%
12 Month9.61%
2 Year15.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.41%
ATR Inc-41.68%
Range Today0.07
ADR(20)0.16
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.72
Mansfield-0.04
10 Day High11.95
10 Day Low11.71
20 Day High12.22
20 Day Low11.71
52 Week High12.89
52 Week Low10.72
CS1 End11.36
CR1 Start11.79
Volume & EV
DER(3)-6.16%
DER(5)-4.76%
Volume4.10K
Volume Incr-46.95%
Vol(5)33.38K
Vol(50)38.65K