We assign a technical rating of 5 out of 10 to TCGL. In the last year, TCGL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TCGL 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
7.43
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 TCGL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCGL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TCGL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCGL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 82.3 | OVERBOUGHT | The high RSI value suggests TCGL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TCGL has a positive trend. |
| Stochastics (14,3) | 93.28 | OVERBOUGHT | The high Stochastics value suggests TCGL may be overbought. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for TCGL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.56 | NEUTRAL | The ADX value for TCGL suggests a possible start of a new trend. |
7.5
+1.67 (+28.64%)
TECHCREATE GROUP LTD-A / TCGL FAQ
What is the ChartMill technical rating of TECHCREATE GROUP LTD-A (TCGL) stock?
ChartMill assigns a technical rating of 5 / 10 to TCGL.
What is the current trend direction of TECHCREATE GROUP LTD-A (TCGL) stock?
The current trend direction for TECHCREATE GROUP LTD-A (TCGL) is Bullish.
What is the RSI signal for TECHCREATE GROUP LTD-A (TCGL) stock?
TECHCREATE GROUP LTD-A (TCGL) has an RSI value of 82.303. This indicates that the stock is currently overbought.
What is the MACD signal for TECHCREATE GROUP LTD-A (TCGL) stock?
The MACD indicator for TECHCREATE GROUP LTD-A (TCGL) has a value of 0.13212, indicating a bearish trend.