We assign a technical rating of 4 out of 10 to TCX. Although TCX 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.
TCX has an average technical rating and it also does not offer a high quality setup 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.
17.20
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for TCX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCX is down. |
| ChartMill Relative Strength | 83.1 | POSITIVE | TCX has a high relative strength, it outperformed 83.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.78 | NEUTRAL | The RSI value for TCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests TCX has a negative trend. |
| Stochastics (14,3) | 6.29 | OVERSOLD | The low Stochastics value suggests TCX may be oversold. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for TCX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.5 | NEGATIVE | The low ADX value for TCX suggests a weak or negative trend. |
20.64
-0.56 (-2.64%)
ChartMill assigns a technical rating of 4 / 10 to TCX.
The current trend direction for TUCOWS INC-CLASS A (TCX) is Bearish.
TUCOWS INC-CLASS A (TCX) has an RSI value of 34.7832. This indicates that the stock is currently neutral.
The short term momentum for TUCOWS INC-CLASS A (TCX) is negative.