T1 ENERGY INC (TE) Stock Technical Analysis
USA - NYSE:TE - US35834F1049 - Common Stock
1.84 USD
-0.19 (-9.36%)
1.9 USD
+0.06 (+3.26%)
We assign a technical rating of 7 out of 10 to TE. 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.
100% of all other stocks performed better in the past year than TE.
TE is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 94% are performing better than TE.
Both the short term and long term trends are positive. This is a very positive sign.
TE has an average volume of 1734340 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 1.56 - 2.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, TE also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.29
1.88
We found 2 important support areas.
- Support @1.74 from a horizontal line in the daily time frame.
- Support @1.30 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.85 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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) | 54.96 | NEUTRAL | The RSI value for TE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TE has a negative trend. |
| Stochastics (14,3) | 60.31 | NEUTRAL | The Stochastics value for TE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.81 | HIGH VOLATILITY | The high ATR as a percentage value for TE suggests high volalility. |
| Average Directional Index/ADX (14) | 38.44 | POSITIVE | The high ADX value value for TE suggests a strong 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)
1.84
-0.19 (-9.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-9.36%
1 Week5.14%
2 Weeks-5.15%
1 Month13.58%
3 Month47.2%
6 Month41.54%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.81%
ATR Inc19.13%
Range Today0.2
ADR(20)0.14
ADR(20)%7.81%
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 High2.03
10 Day Low1.7
20 Day High2.12
20 Day Low1.57
52 Week HighN/A
52 Week LowN/A
CS1 End1.74
CR1 Start1.85
Volume & EV
DER(3)1.08%
DER(5)0.32%
Volume2.55M
Volume Incr9.26%
Vol(5)2.04M
Vol(50)1.73M