TOKEN CAT LTD (TC) Stock Technical Analysis
NASDAQ:TC - US89856T3023 - ADR
18.5 USD
+1.53 (+9.02%)
17.8 USD
-0.7 (-3.78%)
Taking everything into account, TC scores 4 out of 10 in our technical rating. TC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
92% of all other stocks performed better in the past year than TC.
TC is one of the lesser performing stocks in the Media industry. 65% of 99 stocks in the same industry do better.
TC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month TC has a been trading in the 9.50 - 22.46 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.49
18.69
2 important support areas can be observed.
- Support @11.20 from a horizontal line in the weekly time frame.
- Support @10.60 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for TC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TC is neutral. |
| ChartMill Relative Strength | 8.94 | NEGATIVE | TC has a low relative strength, it was outperformed by 91.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.11 | OVERBOUGHT | The high RSI value suggests TC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests TC has a positive trend. |
| Stochastics (14,3) | 72.09 | NEUTRAL | The Stochastics value for TC is a neutral value. |
| Average True Range in percent/ATR (20) | 9.43 | HIGH VOLATILITY | The high ATR as a percentage value for TC suggests high volalility. |
| Average Directional Index/ADX (14) | 21.66 | NEUTRAL | The ADX value for TC 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)
18.5
+1.53 (+9.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg9.02%
1 Week48.83%
2 Weeks49.89%
1 Month49.07%
3 Month15.47%
6 Month20.13%
12 Month-48.03%
2 Year-88.14%
3 Year-98.28%
5 Year-97.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.07
ATR(20)%9.43%
ATR Inc380.91%
Range Today6.96
ADR(20)1.69
ADR(20)%9.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.94
Mansfield-0.83
10 Day High22.46
10 Day Low11.53
20 Day High22.46
20 Day Low9.5
52 Week High86
52 Week Low9.2
CS1 End17.23
CR1 StartN/A
Volume & EV
DER(3)-0.25%
DER(5)2.02%
Volume119.30K
Volume Incr-87.36%
Vol(5)60.34K
Vol(50)216.08K