Taking everything into account, TC scores 2 out of 10 in our technical rating. In the past year, TC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 90% of all other stocks performed better in the past year than TC.
- Warning: TC has an average volume of 25166 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month TC has a been trading in the 7.30 - 13.30 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- TC is an average performer in the Media industry, it outperforms 41% of 91 stocks in the same industry.
- TC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TC is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
12.31
We can see 3 important resistance areas.
- A resistance zone ranging from 12.44 to 12.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.22 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 | DOWN | NEGATIVE | The long term trend for TC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TC is up. |
| ChartMill Relative Strength | 10.88 | NEGATIVE | TC has a low relative strength, it was outperformed by 89.12% 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) | DOWN | MIXED | The current price of TC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.72 | NEUTRAL | The RSI value for TC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests TC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.37 | OVERBOUGHT | The high Stochastics value suggests TC may be overbought. |
| Average True Range in percent/ATR (20) | 8.73 | HIGH VOLATILITY | The high ATR as a percentage value for TC suggests high volalility. |
| Average Directional Index/ADX (14) | 20 | NEUTRAL | The ADX value for TC suggests a possible start of a new trend. |
12.43
+0.03 (+0.24%)
TOKEN CAT LTD / TC FAQ
What is the technical rating for TC stock?
ChartMill assigns a technical rating of 2 / 10 to TC.
Can you provide the trend direction for TOKEN CAT LTD?
The current trend direction for TOKEN CAT LTD (TC) is Bearish.
What is the RSI signal for TOKEN CAT LTD (TC) stock?
TOKEN CAT LTD (TC) has an RSI value of 65.7213. This indicates that the stock is currently neutral.
What is the buy/sell signal for TC stock?
The buy/sell signal for TOKEN CAT LTD (TC) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for TOKEN CAT LTD?
TOKEN CAT LTD (TC) has a resistance level at 12.44. Check the full technical report for our detailed analysis of TC support and resistance levels.