TEARLACH RESOURCES LTD (TEA.CA) Technical Analysis
TSX-V:TEA • CA8779052080
Current stock price
TEA.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TEA. TEA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 86% of all other stocks performed better in the past year than TEA.
- TEA is part of the Metals & Mining industry. There are 802 other stocks in this industry, of which 78% are performing better than TEA.
- TEA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- In the last month TEA has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TEA.CA Weekly and Daily overview Charts
TEA.CA Setup Rating and Analysis
The technical rating of TEA is bad and it also does not present a 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.
More info and screens
TEA.CA Support and Resistance Analysis
0.01
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
TEA.CA 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 | DOWN | NEGATIVE | The long term trend for TEA.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEA.CA is down. |
| ChartMill Relative Strength | 14.33 | NEGATIVE | TEA.CA has a low relative strength, it was outperformed by 85.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TEA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TEA.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TEA.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.1 | NEUTRAL | The RSI value for TEA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TEA.CA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for TEA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 18.33 | HIGH VOLATILITY | The high ATR as a percentage value for TEA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.44 | NEGATIVE | The low ADX value for TEA.CA suggests a weak or negative trend. |
TEA.CA Chart- and CandleStick Pattern Analysis
TEA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:TEA (4/2/2025, 7:00:00 PM)
0.015
0 (0%)
TEARLACH RESOURCES LTD / TEA.CA TA FAQ
What is the ChartMill technical rating of TEARLACH RESOURCES LTD (TEA.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to TEA.CA.
What is the trend direction for TEA stock?
The current trend direction for TEARLACH RESOURCES LTD (TEA.CA) is Bearish.
Can you provide the RSI signal for TEARLACH RESOURCES LTD?
TEARLACH RESOURCES LTD (TEA.CA) has an RSI value of 47.1024. This indicates that the stock is currently neutral.
What is the short term momentum for TEA stock?
The short term momentum for TEARLACH RESOURCES LTD (TEA.CA) is negative.
What are the support and resistance levels for TEARLACH RESOURCES LTD (TEA.CA) stock?
TEARLACH RESOURCES LTD (TEA.CA) has a resistance level at 0.02. Check the full technical report for our detailed analysis of TEA.CA support and resistance levels.