TCTM KIDS IT EDUCATION INC (TCTM) Stock Technical Analysis
NASDAQ:TCTM - Nasdaq - US8761082002 - ADR - Currency: USD
Overall TCTM gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TCTM was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, TCTM is a bad performer in the overall market: 94% of all stocks are doing better.
TCTM is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry, of which 73% are performing better than TCTM.
TCTM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TCTM is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
TCTM has an average volume of 18094800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TCTM has a been trading in the 0.27 - 0.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TCTM has a poor technical rating and the quality of the setup is also 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
0.35
0.65
When analyzing the support we can see 3 important areas.
- Support @0.38 from a trend line in the daily time frame.
- Support @0.36 from a trend line in the daily time frame.
- Support @0.35 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @0.55 from a trend line in the daily time frame.
- Resistance @0.64 from a trend 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 TCTM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCTM is up. |
| ChartMill Relative Strength | 6.82 | NEGATIVE | TCTM has a low relative strength, it was outperformed by 93.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCTM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCTM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.07 | NEUTRAL | The RSI value for TCTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TCTM has a positive trend. |
| Stochastics (14,3) | 56.41 | NEUTRAL | The Stochastics value for TCTM is a neutral value. |
| Average True Range in percent/ATR (20) | 14.44 | HIGH VOLATILITY | The high ATR as a percentage value for TCTM suggests high volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for TCTM 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)
0.4949
+0.06 (+14.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg14.14%
1 Week23.73%
2 Weeks30.93%
1 Month46.46%
3 Month-31.29%
6 Month-65.39%
12 Month-78.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%14.44%
ATR Inc10.5%
Range Today0.08
ADR(20)0.07
ADR(20)%14.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.82
Mansfield-4.65
10 Day High0.59
10 Day Low0.3
20 Day High0.59
20 Day Low0.27
52 Week High2.73
52 Week Low0.18
CS1 End0.38
CR1 Start0.55
Volume & EV
DER(3)-0.3%
DER(5)1.67%
Volume3.44M
Volume Incr218.7%
Vol(5)2.73M
Vol(50)18.09M