TEMPLETON DRAGON FUND INC (TDF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TDF - US88018T1016
Taking everything into account, TDF scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TDF is showing a nice and steady performance.
Besides having an excellent technical rating, TDF also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.36, a Stop Loss order could be placed below this zone.
More info and screens
10.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.11 to 11.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.89 to 10.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.84 to 11.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TDF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TDF is neutral. |
| ChartMill Relative Strength | 79.54 | POSITIVE | TDF has a high relative strength, it outperformed 79.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TDF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TDF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TDF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.2 | NEUTRAL | The RSI value for TDF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TDF has a positive trend. |
| Stochastics (14,3) | 72.16 | NEUTRAL | The Stochastics value for TDF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for TDF suggests low volalility. |
| Average Directional Index/ADX (14) | 27.53 | POSITIVE | The high ADX value value for TDF suggests a strong trend. |
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 |
|---|---|---|---|
| 11.45 | 11.10 | 0.35 (3.01%) | 25.00% |
| An entry @11.45. This is a Buy Stop order right above the 10 day high. | An exit @11.10. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 3.01%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- 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.
11.4
+0.12 (+1.06%)
TEMPLETON DRAGON FUND INC / TDF FAQ
Can you provide the ChartMill technical rating for TEMPLETON DRAGON FUND INC?
ChartMill assigns a technical rating of 8 / 10 to TDF.
What is the current trend direction of TEMPLETON DRAGON FUND INC (TDF) stock?
The current trend direction for TEMPLETON DRAGON FUND INC (TDF) is Bullish.
Can you provide the RSI signal for TEMPLETON DRAGON FUND INC?
TEMPLETON DRAGON FUND INC (TDF) has an RSI value of 57.1979. This indicates that the stock is currently neutral.
What is the MACD signal for TEMPLETON DRAGON FUND INC (TDF) stock?
The MACD indicator for TEMPLETON DRAGON FUND INC (TDF) has a value of 0.0223443, indicating a bearish trend.