USA - New York Stock Exchange - NYSE:TE - US35834F1049 - Common Stock
Taking everything into account, TE scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TE is a bad performer.
Although TE 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.
2.90
When analyzing the support we notice one important area.
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 TE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TE 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 TE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 72.5 | OVERBOUGHT | The high RSI value suggests TE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests TE has a positive trend. |
| Stochastics (14,3) | 91.73 | OVERBOUGHT | The high Stochastics value suggests TE may be overbought. |
| Average True Range in percent/ATR (20) | 9.74 | HIGH VOLATILITY | The high ATR as a percentage value for TE suggests high volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for TE suggests a possible start of a new trend. |
5.83
+0.72 (+14.09%)
ChartMill assigns a technical rating of 7 / 10 to TE.
The current trend direction for T1 ENERGY INC (TE) is Bullish.
T1 ENERGY INC (TE) has an RSI value of 72.5016. This indicates that the stock is currently overbought.
The MACD indicator for T1 ENERGY INC (TE) has a value of 0.237971, indicating a bearish trend.
The short term momentum for T1 ENERGY INC (TE) is positive.