TOKEN CAT LTD (TC) Stock Technical Analysis
NASDAQ:TC - Nasdaq - US89856T3023 - ADR - Currency: USD
Overall TC gets a technical rating of 0 out of 10. 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.
97% of all other stocks performed better in the past year than TC.
TC is one of the lesser performing stocks in the Media industry. 78% of 98 stocks in the same industry do better.
TC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TC has a been trading in the 0.52 - 0.89 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Volume is considerably higher in the last couple of days.
The technical rating of TC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.51
0.77
When analyzing the support we notice one important area.
- Support @0.52 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.71 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 3.51 | NEGATIVE | TC has a low relative strength, it was outperformed by 96.49% 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) | 34.55 | NEUTRAL | The RSI value for TC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TC has a negative trend. |
| Stochastics (14,3) | 19.43 | OVERSOLD | The low Stochastics value suggests TC may be oversold. |
| Average True Range in percent/ATR (20) | 11.33 | HIGH VOLATILITY | The high ATR as a percentage value for TC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.81 | 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)
0.58
-0.02 (-3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-3.17%
1 Week-3.35%
2 Weeks-10.78%
1 Month-24.68%
3 Month-22.56%
6 Month-30.12%
12 Month-67.06%
2 Year-92.64%
3 Year-98.82%
5 Year-99.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%11.33%
ATR Inc-0.46%
Range Today0.04
ADR(20)0.06
ADR(20)%10.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.51
Mansfield-4.68
10 Day High0.89
10 Day Low0.52
20 Day High0.89
20 Day Low0.52
52 Week High4.3
52 Week Low0.46
CS1 End0.52
CR1 Start0.71
Volume & EV
DER(3)-8.89%
DER(5)-5.87%
Volume23.20K
Volume Incr4385.42%
Vol(5)1.65M
Vol(50)260.73K