TUCOWS INC-CLASS A (TCX) Technical Analysis
NASDAQ:TCX • US8986972060
Overall TCX gets a technical rating of 0 out of 10. TCX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TCX is a bad performer in the overall market: 82% of all stocks are doing better.
- In the last month TCX has a been trading in the 16.92 - 23.50 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: TCX has an average volume of 24640 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- TCX is an average performer in the IT Services industry, it outperforms 65% of 86 stocks in the same industry.
- TCX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCX is lagging the market.
- Volume is considerably higher in the last couple of days.
TCX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TCX 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
17.19
When analyzing the support we notice one important area.
- A support zone ranging from 17.36 to 17.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.67 to 18.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @25.34 from a horizontal line in the weekly 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 TCX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCX is down. |
| ChartMill Relative Strength | 18.95 | NEGATIVE | TCX has a low relative strength, it was outperformed by 81.05% 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) | DOWN | NEGATIVE | The current price of TCX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.66 | NEUTRAL | The RSI value for TCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests TCX has a positive trend. |
| Stochastics (14,3) | 31.82 | NEUTRAL | The Stochastics value for TCX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.02 | HIGH VOLATILITY | The high ATR as a percentage value for TCX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.98 | POSITIVE | The high ADX value value for TCX suggests a strong trend. |
TCX Technicals: Chart, Performance Metrics, Trend & Indicators
17.77
-0.12 (-0.67%)
TUCOWS INC-CLASS A / TCX FAQ
Can you provide the ChartMill technical rating for TUCOWS INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to TCX.
Can you provide the trend direction for TUCOWS INC-CLASS A?
The current trend direction for TUCOWS INC-CLASS A (TCX) is Bearish.
Can you provide the RSI signal for TUCOWS INC-CLASS A?
TUCOWS INC-CLASS A (TCX) has an RSI value of 36.6616. This indicates that the stock is currently neutral.
What is the short term momentum for TUCOWS INC-CLASS A (TCX) stock?
The short term momentum for TUCOWS INC-CLASS A (TCX) is negative.
What is the buy/sell signal for TCX stock?
The buy/sell signal for TUCOWS INC-CLASS A (TCX) is sell as both the short term and long term trends are negative.