Overall TCGL gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TCGL was also a bad performer in the overall market in the last year.
- 100% of all other stocks performed better in the past year than TCGL.
- TCGL is one of the lesser performing stocks in the IT Services industry. 89% of 88 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month TCGL has a been trading in the 4.70 - 355.00 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.
- TCGL has an average volume of 1154750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
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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 TCGL is neutral. |
| 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) | 99.62 | OVERBOUGHT | The high RSI value suggests TCGL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 13.35 | POSITIVE | The MACD value suggests TCGL has a positive trend. |
| Stochastics (14,3) | 65.57 | NEUTRAL | The Stochastics value for TCGL is a neutral value. |
| Average True Range in percent/ATR (20) | 11.77 | HIGH VOLATILITY | The high ATR as a percentage value for TCGL suggests high volalility. |
| Average Directional Index/ADX (14) | 50.89 | POSITIVE | The high ADX value value for TCGL suggests a strong trend. |
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+86.48 (+100.14%)
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 Bearish.
What is the RSI signal for TECHCREATE GROUP LTD-A (TCGL) stock?
TECHCREATE GROUP LTD-A (TCGL) has an RSI value of 99.6174. 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 13.3507, indicating a bullish trend.