USA TODAY CO INC (TDAY) Technical Analysis
NYSE:TDAY • US36472T1097
Current stock price
TDAY Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to TDAY. Although TDAY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, TDAY is a bad performer in the overall market: 100% of all stocks are doing better.
- TDAY is one of the lesser performing stocks in the Media industry. 85% of 90 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month TDAY has a been trading in the 6.54 - 7.50 range, which is quite wide. It is currently trading near the high of this range.
- TDAY has an average volume of 1901820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TDAY Weekly and Daily overview Charts
TDAY Setup Rating and Analysis
Besides having an excellent technical rating, TDAY also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for TDAY 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
TDAY Support and Resistance Analysis
6.55
2 important support areas can be observed.
- A support zone ranging from 7.04 to 7.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.62 to 6.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- Resistance @7.44 from a horizontal line in the daily time frame.
TDAY Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for TDAY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TDAY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TDAY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TDAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TDAY is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.22 | NEUTRAL | The RSI value for TDAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TDAY has a negative trend. |
| Stochastics (14,3) | 82.93 | OVERBOUGHT | The high Stochastics value suggests TDAY may be overbought. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for TDAY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.97 | NEGATIVE | The low ADX value for TDAY suggests a weak or negative trend. |
TDAY Chart- and CandleStick Pattern Analysis
TDAY Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.45 | 7.03 | 0.42 (5.64%) | 17.74% |
| An entry @7.45. This is a Buy Stop order right above the resistance zone. | An exit @7.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.42 points, which is 5.64%. | For a 1.00% total portfolio risk, you can invest 17.74% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TDAY Technicals: Chart, Performance Metrics, Trend & Indicators
7.29
+0.03 (+0.41%)
USA TODAY CO INC / TDAY TA FAQ
What is the ChartMill technical rating of USA TODAY CO INC (TDAY) stock?
ChartMill assigns a technical rating of 7 / 10 to TDAY.
What is the trend direction for TDAY stock?
The current trend direction for USA TODAY CO INC (TDAY) is Bullish.
What is the RSI signal for USA TODAY CO INC (TDAY) stock?
USA TODAY CO INC (TDAY) has an RSI value of 60.2181. This indicates that the stock is currently neutral.
What is the short term momentum for USA TODAY CO INC (TDAY) stock?
The short term momentum for USA TODAY CO INC (TDAY) is positive.
What are the support and resistance levels for USA TODAY CO INC (TDAY) stock?
USA TODAY CO INC (TDAY) has a support level at 7.12 and a resistance level at 7.44. Check the full technical report for our detailed analysis of TDAY support and resistance levels.