Taking everything into account, TC scores 0 out of 10 in our technical rating. TC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of TC 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.
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9.81
When analyzing the resistance we notice 3 important areas.
- Resistance @17.04 from a trend line in the daily time frame.
- Resistance @17.86 from a trend line in the weekly time frame.
- Resistance @18.50 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 | DOWN | NEGATIVE | The short term trend for TC is down. |
| ChartMill Relative Strength | 7.17 | NEGATIVE | TC has a low relative strength, it was outperformed by 92.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.64 | OVERSOLD | The low RSI value suggests TC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests TC has a negative trend. |
| Stochastics (14,3) | 15.3 | OVERSOLD | The low Stochastics value suggests TC may be oversold. |
| Average True Range in percent/ATR (20) | 16.15 | HIGH VOLATILITY | The high ATR as a percentage value for TC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.06 | NEUTRAL | The ADX value for TC suggests a possible start of a new trend. |
9.9092
-1.07 (-9.76%)
TOKEN CAT LTD / TC FAQ
What is the ChartMill technical rating of TOKEN CAT LTD (TC) stock?
ChartMill assigns a technical rating of 0 / 10 to TC.
What is the trend direction for TC stock?
The current trend direction for TOKEN CAT LTD (TC) is Bearish.
Can you provide the RSI signal for TOKEN CAT LTD?
TOKEN CAT LTD (TC) has an RSI value of 19.6422. This indicates that the stock is currently oversold.
Can you provide the MACD signal for TOKEN CAT LTD?
The MACD indicator for TOKEN CAT LTD (TC) has a value of -0.795604, indicating a bearish trend.
What are the support and resistance levels for TOKEN CAT LTD (TC) stock?
TOKEN CAT LTD (TC) has a resistance level at 17.04. Check the full technical report for our detailed analysis of TC support and resistance levels.