T1 ENERGY INC (TE) Stock Technical Analysis
NYSE:TE - New York Stock Exchange, Inc. - US35834F1049 - Common Stock - Currency: USD
Overall TE gets a technical rating of 2 out of 10. In the last year, TE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, TE is a bad performer in the overall market: 100% of all stocks are doing better.
TE is one of the lesser performing stocks in the Electrical Equipment industry. 92% of 94 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TE has an average volume of 1413570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TE has a been trading in the 0.93 - 1.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TE has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
1.03
1.52
We found 1 important support area.
- A support zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.50 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for TE is neutral. |
| 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) | DOWN | MIXED | The current price of TE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TE is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.69 | NEUTRAL | The RSI value for TE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.75 | NEUTRAL | The Stochastics value for TE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.61 | HIGH VOLATILITY | The high ATR as a percentage value for TE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.87 | NEGATIVE | The low ADX value for TE 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)
1.2
+0.13 (+12.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg12.15%
1 Week10.09%
2 Weeks23.7%
1 Month-11.76%
3 Month-14.29%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%10.61%
ATR Inc-18.88%
Range Today0.12
ADR(20)0.11
ADR(20)%9.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.22
10 Day Low0.97
20 Day High1.61
20 Day Low0.93
52 Week HighN/A
52 Week LowN/A
CS1 End1.05
CR1 Start1.21
Volume & EV
DER(3)5.53%
DER(5)5.35%
Volume1.25M
Volume Incr-42.39%
Vol(5)964.92K
Vol(50)1.41M