TECHNICOLOR - REGR (TCH.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:TCH - FR0013505062 - Common Stock
Taking everything into account, TCH scores 3 out of 10 in our technical rating. Although TCH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Looking at the yearly performance, TCH did better than 83% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- TCH is an average performer in the Communications Equipment industry, it outperforms 70% of 31 stocks in the same industry.
- TCH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCH is lagging the market.
- In the last month TCH has a been trading in the 2.70 - 3.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TCH does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.73, a Stop Loss order could be placed below this zone.
More info and screens
2.63
We found 1 important support area.
- A support zone ranging from 2.66 to 2.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @3.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.28 to 3.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.39 from a horizontal line in the daily time frame.
- Resistance @3.45 from a horizontal line in the daily time frame.
- Resistance @3.60 from a horizontal line in the weekly 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 TCH.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCH.PA is down. |
| ChartMill Relative Strength | 83.53 | POSITIVE | TCH.PA has a high relative strength, it outperformed 83.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCH.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TCH.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TCH.PA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.49 | NEUTRAL | The RSI value for TCH.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TCH.PA has a positive trend. |
| Stochastics (14,3) | 67.24 | NEUTRAL | The Stochastics value for TCH.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for TCH.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.87 | NEGATIVE | The low ADX value for TCH.PA suggests a weak or negative trend. |
EPA:TCH (9/26/2022, 7:00:00 PM)
2.948
-0.01 (-0.34%)
TECHNICOLOR - REGR / TCH.PA FAQ
What is the ChartMill technical rating of TECHNICOLOR - REGR (TCH.PA) stock?
ChartMill assigns a technical rating of 2 / 10 to TCH.PA.
What is the current trend direction of TECHNICOLOR - REGR (TCH.PA) stock?
The current trend direction for TECHNICOLOR - REGR (TCH.PA) is Bearish.
What is the RSI signal for TECHNICOLOR - REGR (TCH.PA) stock?
TECHNICOLOR - REGR (TCH.PA) has an RSI value of 48.4867. This indicates that the stock is currently neutral.
What is the short term momentum for TCH stock?
The short term momentum for TECHNICOLOR - REGR (TCH.PA) is negative.
What is the buy/sell signal for TCH stock?
The buy/sell signal for TECHNICOLOR - REGR (TCH.PA) is sell as both the short term and long term trends are negative.