THL Credit Inc (TCRD) Technical Analysis
NASDAQ:TCRD
Current stock price
TCRD Technical Rating and Analysis
Taking everything into account, TCRD scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. TCRD was also a bad performer in the overall market in the last year.
- 86% of all other stocks performed better in the past year than TCRD.
- In the last month TCRD has a been trading in the 3.19 - 3.66 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- TCRD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCRD is lagging the market.
- Considerably lower volume is observed in the last couple of days.
TCRD Weekly and Daily overview Charts
TCRD Setup Rating and Analysis
TCRD has an average technical rating and also 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
TCRD Support and Resistance Analysis
3.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.37 to 3.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.17 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.62 to 3.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.53 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.89 to 6.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
TCRD Technical Indicator Signal Analysis
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 TCRD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCRD is up. |
| ChartMill Relative Strength | 14.69 | NEGATIVE | TCRD has a low relative strength, it was outperformed by 85.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCRD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCRD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.7 | NEUTRAL | The RSI value for TCRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TCRD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.7 | OVERBOUGHT | The high Stochastics value suggests TCRD may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TCRD suggests some volalility. |
TCRD Chart- and CandleStick Pattern Analysis
TCRD Technicals: Chart, Performance Metrics, Trend & Indicators
3.61
+0.02 (+0.56%)
THL Credit Inc / TCRD TA FAQ
What is the technical rating for TCRD stock?
ChartMill assigns a technical rating of 4 / 10 to TCRD.
What is the current trend direction of THL Credit Inc (TCRD) stock?
The current trend direction for THL Credit Inc (TCRD) is Bearish.
What is the RSI signal for THL Credit Inc (TCRD) stock?
THL Credit Inc (TCRD) has an RSI value of 68.7023. This indicates that the stock is currently neutral.
What is the MACD signal for THL Credit Inc (TCRD) stock?
The MACD indicator for THL Credit Inc (TCRD) has a value of 0.0113022, indicating a bearish trend.
Can you provide the buy/sell signal for THL Credit Inc?
The buy/sell signal for THL Credit Inc (TCRD) is hold as the short term and long term trends are mixed.