VANECK EUR CORP ETF (TCBT.AS) Stock Technical Analysis
AMS:TCBT - Euronext Amsterdam - NL0009690247 - ETF - Currency: EUR
Taking everything into account, TCBT scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TCBT is only an average performer.
Warning: TCBT has an average volume of 3508 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
TCBT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TCBT is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, TCBT turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
In the last month TCBT has a been trading in a tight range between 17.10 and 17.40.
Considerably lower volume is observed in the last couple of days.
TCBT has an excellent technical rating, but the quality of the setup is only medium 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
16.54
17.64
We found 1 important support area.
- A support zone ranging from 16.71 to 17.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.39 to 17.47. This zone is formed by a combination of multiple trend lines 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 TCBT.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCBT.AS is up. |
| ChartMill Relative Strength | 53.27 | NEUTRAL | TCBT.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCBT.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCBT.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCBT.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.34 | NEUTRAL | The RSI value for TCBT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TCBT.AS has a positive trend. |
| Stochastics (14,3) | 81.76 | OVERBOUGHT | The high Stochastics value suggests TCBT.AS may be overbought. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for TCBT.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 26.39 | POSITIVE | The high ADX value value for TCBT.AS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.41 | 17.18 | 0.23 (1.32%) | 25.00% |
| An entry @17.41. This is a Buy Stop order right above the 10 day high. | An exit @17.18. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 1.32%. | For a 0.33% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMS:TCBT (5/30/2025, 7:00:00 PM)
17.362
0 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week0.59%
2 Weeks0.52%
1 Month0.8%
3 Month0.16%
6 Month-0.12%
12 Month3.65%
2 Year6.47%
3 Year1.96%
5 Year-5.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.34%
ATR Inc-46.91%
Range Today0.01
ADR(20)0.05
ADR(20)%0.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.27
Mansfield-0.17
10 Day High17.4
10 Day Low17.19
20 Day High17.4
20 Day Low17.1
52 Week High17.5
52 Week Low16.49
CS1 End17.29
CR1 Start17.39
Volume & EV
DER(3)0%
DER(5)0%
Volume1.44K
Volume Incr-53.27%
Vol(5)1.03K
Vol(50)3.51K