TEMPLETON DRAGON FUND INC (TDF) Stock Technical Analysis
NYSE:TDF - New York Stock Exchange, Inc. - US88018T1016 - Currency: USD
Taking everything into account, TDF scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TDF has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TDF did better than 79% of all other stocks. On top of that, TDF also shows a nice and consistent pattern of rising prices.
TDF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TDF has a been trading in the 9.42 - 10.34 range, which is quite wide. It is currently trading near the high of this range.
Although TDF has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.00
10.50
We found 6 important support areas.
- A support zone ranging from 10.00 to 10.04. 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 9.42 to 9.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.95 from a trend line in the weekly time frame.
- Support @8.78 from a horizontal line in the weekly time frame.
- Support @8.31 from a horizontal line in the daily time frame.
- Support @8.08 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.26 to 10.40. 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 | UP | POSITIVE | The short term trend for TDF is up. |
| ChartMill Relative Strength | 79.43 | POSITIVE | TDF has a high relative strength, it outperformed 79.43% 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) | 63.06 | NEUTRAL | The RSI value for TDF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TDF has a positive trend. |
| Stochastics (14,3) | 75.2 | NEUTRAL | The Stochastics value for TDF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for TDF suggests low volalility. |
| Average Directional Index/ADX (14) | 16.15 | NEGATIVE | The low ADX value for TDF suggests a weak or negative 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)
10.25
+0.15 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.49%
1 Week3.54%
2 Weeks2.91%
1 Month5.02%
3 Month16.61%
6 Month21.88%
12 Month28.61%
2 Year1.59%
3 Year-17.6%
5 Year-53.97%
10 Year-54.71%
15 Year-61.82%
Volatility
ATR(14)0.12
ATR(20)%1.44%
ATR Inc63.2%
Range Today0.22
ADR(20)0.13
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.43
Mansfield0.55
10 Day High10.34
10 Day Low9.85
20 Day High10.34
20 Day Low9.42
52 Week High10.41
52 Week Low7.49
CS1 End10.04
CR1 Start10.26
Volume & EV
DER(3)3.63%
DER(5)2.55%
Volume70.90K
Volume Incr99.97%
Vol(5)59.14K
Vol(50)50.46K