Taubman Centers (TCO) Stock Technical Analysis
NYSE:TCO - New York Stock Exchange, Inc. -
Overall TCO gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TCO is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
TCO has an average volume of 2073980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TCO is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
TCO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TCO is lagging the market slightly.
In the last month TCO has a been trading in a tight range between 42.70 and 43.06.
Besides having an excellent technical rating, TCO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 43.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.94, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
32.96
53.98
3 important support areas can be observed.
- A support zone ranging from 42.71 to 42.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.16 from a trend line in the weekly time frame.
- Support @33.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.00 to 43.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.45 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.17
Mansfield-0.79
10 Day High43.06
10 Day Low42.87
20 Day High43.06
20 Day Low42.71
52 Week High53.4
52 Week Low26.24
Performance
1 Week0.19%
2 Weeks0.19%
1 Month0.51%
3 Month22.37%
6 Month13.07%
12 Month40.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)77.01
LBB42.87
UBB43
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 |
|---|---|---|---|
| 43.02 | 42.86 | 0.16 (0.37%) | 25.00% |
| An entry @43.02. This is a Buy Stop order right above the resistance zone. | An exit @42.86. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 0.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.09%. |
- 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.
42.99
+0.04 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week0.19%
2 Weeks0.19%
1 Month0.51%
3 Month22.37%
6 Month13.07%
12 Month40.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.19%
ATR Inc-49.32%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.17
Mansfield-0.79
10 Day High43.06
10 Day Low42.87
20 Day High43.06
20 Day Low42.71
52 Week High53.4
52 Week Low26.24
CS1 End42.94
CR1 Start43
Volume & EV
DER(3)-1.2%
DER(5)-1.45%
Volume6.28M
Volume Incr44.19%
Vol(5)2.55M
Vol(50)2.07M