Overall TECS gets a technical rating of 0 out of 10. TECS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 92% of all other stocks performed better in the past year than TECS.
- TECS 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.
- In the last month TECS has a been trading in the 16.05 - 18.78 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- TECS has an average volume of 3163710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
TECS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.71, a Stop Loss order could be placed below this zone.
More info and screens
15.63
2 important support areas can be observed.
- A support zone ranging from 16.41 to 16.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.79 to 16.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 16.79 to 16.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.29 to 17.63. 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 | DOWN | NEGATIVE | The long term trend for TECS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TECS is down. |
| ChartMill Relative Strength | 8.05 | NEGATIVE | TECS has a low relative strength, it was outperformed by 91.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TECS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TECS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TECS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.58 | NEUTRAL | The RSI value for TECS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TECS has a positive trend. |
| Stochastics (14,3) | 55.19 | NEUTRAL | The Stochastics value for TECS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for TECS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.33 | NEGATIVE | The low ADX value for TECS suggests a weak or negative trend. |
16.78
+0.01 (+0.06%)
DIREXION DAILY TECH BEAR 3X / TECS FAQ
What is the technical rating for TECS stock?
ChartMill assigns a technical rating of 0 / 10 to TECS.
What is the trend direction for TECS stock?
The current trend direction for DIREXION DAILY TECH BEAR 3X (TECS) is Bearish.
What is the RSI signal for DIREXION DAILY TECH BEAR 3X (TECS) stock?
DIREXION DAILY TECH BEAR 3X (TECS) has an RSI value of 47.5793. This indicates that the stock is currently neutral.
What is the MACD signal for TECS stock?
The MACD indicator for DIREXION DAILY TECH BEAR 3X (TECS) has a value of 0.0308686, indicating a bearish trend.
What is the short term momentum for TECS stock?
The short term momentum for DIREXION DAILY TECH BEAR 3X (TECS) is negative.