TECSYS INC (TCS.CA) Stock Technical Analysis
TSX:TCS - Toronto Stock Exchange - CA8789501043 - Common Stock - Currency: CAD
Taking everything into account, TCS scores 2 out of 10 in our technical rating. TCS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
TCS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: TCS has an average volume of 4586 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, TCS turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
TCS is part of the Software industry. There are 61 other stocks in this industry, TCS did better than 58% of them.
TCS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCS is lagging the market.
Considerably lower volume is observed in the last couple of days.
TCS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 40.64. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TCS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
38.69
46.43
When analyzing the support we can see 3 important areas.
- Support @40.52 from a trend line in the daily time frame.
- Support @39.80 from a horizontal line in the weekly time frame.
- Support @39.08 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 40.64 to 41.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.79 to 43.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @44.74 from a horizontal line in the daily time frame.
- Resistance @45.97 from a horizontal line in the daily 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 TCS.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCS.CA is down. |
| ChartMill Relative Strength | 59.41 | NEUTRAL | TCS.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TCS.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCS.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.11 | NEUTRAL | The RSI value for TCS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TCS.CA has a negative trend. |
| Stochastics (14,3) | 58.87 | NEUTRAL | The Stochastics value for TCS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for TCS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.24 | NEUTRAL | The ADX value for TCS.CA suggests a possible start of a new trend. |
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)
TSX:TCS (6/24/2025, 7:00:00 PM)
40.6
-0.51 (-1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.24%
1 Week-0.07%
2 Weeks-1.5%
1 Month-6.3%
3 Month1.53%
6 Month-11.68%
12 Month16.03%
2 Year45.73%
3 Year21.23%
5 Year69.17%
10 Year351.11%
15 Year2180.9%
Volatility
ATR(14)0.65
ATR(20)%2%
ATR Inc-24.1%
Range Today0.7
ADR(20)0.71
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.41
Mansfield-0.85
10 Day High41.23
10 Day Low39.9
20 Day High43.96
20 Day Low39.9
52 Week High47.51
52 Week Low34.16
CS1 End40.52
CR1 Start40.64
Volume & EV
DER(3)20.96%
DER(5)22.34%
Volume3.26K
Volume Incr-46.63%
Vol(5)1.96K
Vol(50)4.59K