TEMPLETON DRAGON FUND INC (TDF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TDF - US88018T1016
Taking everything into account, TDF scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
TDF 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.
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10.78
When analyzing the support we notice one important area.
- A support zone ranging from 10.89 to 11.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.19 to 11.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for TDF is down. |
| ChartMill Relative Strength | 80.7 | POSITIVE | TDF has a high relative strength, it outperformed 80.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TDF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TDF is below a declining 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) | 42.66 | NEUTRAL | The RSI value for TDF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TDF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.81 | NEUTRAL | The Stochastics value for TDF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for TDF suggests some volalility. |
| Average Directional Index/ADX (14) | 32.27 | POSITIVE | The high ADX value value for TDF suggests a strong trend. |
11.12
+0.06 (+0.54%)
TEMPLETON DRAGON FUND INC / TDF FAQ
Can you provide the ChartMill technical rating for TEMPLETON DRAGON FUND INC?
ChartMill assigns a technical rating of 6 / 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 42.6637. 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 -0.0362378, indicating a bearish trend.
What is the buy/sell signal for TDF stock?
The buy/sell signal for TEMPLETON DRAGON FUND INC (TDF) is hold as the short term and long term trends are mixed.