TUCOWS INC-CLASS A (TCX) Stock Technical Analysis
NASDAQ:TCX - Nasdaq - US8986972060 - Common Stock - Currency: USD
Taking everything into account, TCX scores 0 out of 10 in our technical rating. TCX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
82% of all other stocks performed better in the past year than TCX.
Warning: TCX has an average volume of 28014 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TCX is an average performer in the IT Services industry, it outperforms 46% of 83 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.
In the last month TCX has a been trading in the 15.82 - 21.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
TCX has a poor technical rating and the quality of the setup is also not perfect 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
16.34
22.46
When analyzing the support we notice one important area.
- A support zone ranging from 16.51 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 19.19 to 19.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.90 to 20.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.63 from a horizontal line in the daily time frame.
- Resistance @22.24 from a trend 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 | 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 | 18.3 | NEGATIVE | TCX has a low relative strength, it was outperformed by 81.7% 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 | MIXED | The current price of TCX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.64 | NEUTRAL | The RSI value for TCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TCX has a negative trend. |
| Stochastics (14,3) | 50.41 | NEUTRAL | The Stochastics value for TCX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for TCX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for TCX 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)
18.5
+0.03 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.16%
1 Week-10.32%
2 Weeks0.76%
1 Month-14.07%
3 Month-1.33%
6 Month-3.14%
12 Month-16.74%
2 Year-21.78%
3 Year-60.63%
5 Year-70.74%
10 Year-28.63%
15 Year2883.87%
Volatility
ATR(14)1.18
ATR(20)%5.61%
ATR Inc-57.63%
Range Today0.44
ADR(20)0.98
ADR(20)%5.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.3
Mansfield-0.77
10 Day High21.46
10 Day Low17.24
20 Day High21.96
20 Day Low15.82
52 Week High24.02
52 Week Low13.27
CS1 End16.85
CR1 Start19.19
Volume & EV
DER(3)1.52%
DER(5)-4.83%
Volume12.90K
Volume Incr-8.07%
Vol(5)16.64K
Vol(50)28.01K