TDSA Technical Analysis - TEIXEIRA DUARTE SA

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to TDSA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TDSA is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.

When comparing the yearly performance of all stocks, we notice that TDSA is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, TDSA also shows a nice and consistent pattern of rising prices.

TDSA is part of the Construction & Engineering industry. There are 42 other stocks in this industry. TDSA outperforms 97% of them.

A new 52 week high is currently being made by TDSA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.

In the last month TDSA has a been trading in the 0.39 - 0.64 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

TDSA has an average volume of 6713750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

TEIXEIRA DUARTE SA / TDSA Weekly stock chart

TEIXEIRA DUARTE SA / TDSA Daily stock chart

Setup Rating and Analysis

Although TDSA has an excellent technical rating, it 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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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.43

0.62

2 important support areas can be observed.

A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @0.43 from a trend line in the daily time frame.

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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 TDSA.LS is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for TDSA.LS is up.
ChartMill Relative Strength	99.65	POSITIVE	TDSA.LS has a high relative strength, it outperformed 99.65% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of TDSA.LS is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of TDSA.LS is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of TDSA.LS is above the rising SMA(200).
Relative Strength Index/RSI (14)	71.15	OVERBOUGHT	The high RSI value suggests TDSA.LS may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests TDSA.LS has a positive trend.
Stochastics (14,3)	91.31	OVERBOUGHT	The high Stochastics value suggests TDSA.LS may be overbought.
Average True Range in percent/ATR (20)	6.14	HIGH VOLATILITY	The high ATR as a percentage value for TDSA.LS suggests high volalility.
Average Directional Index/ADX (14)	30.46	POSITIVE	The high ADX value value for TDSA.LS suggests a strong trend.