Ted Baker (TED.L) Stock Technical Analysis
LON:TED - London Exchange - GB0001048619 - Common Stock - Currency: GBX
Taking everything into account, TED scores 8 out of 10 in our technical rating. In the last year, TED was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
TED is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that TED is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
TED is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TED is lagging the market slightly.
In the last month TED has a been trading in a tight range between 107.60 and 112.80.
Besides having an excellent technical rating, TED also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 109.86, a Stop Loss order could be placed below this zone.
More info and screens
105.67
149.18
We found 1 important support area.
- A support zone ranging from 106.74 to 109.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 110.20 to 110.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @126.66 from a trend line in the weekly time frame.
- Resistance @147.70 from a trend line in the weekly 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 TED.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TED.L is up. |
| ChartMill Relative Strength | 86.12 | POSITIVE | TED.L has a high relative strength, it outperformed 86.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TED.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TED.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TED.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.2 | NEUTRAL | The RSI value for TED.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests TED.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.41 | NEUTRAL | The Stochastics value for TED.L is a neutral value. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for TED.L suggests low volalility. |
| Average Directional Index/ADX (14) | 61.94 | POSITIVE | The high ADX value value for TED.L 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 110.21 | 109.59 | 0.62 (0.56%) | 25.00% |
| An entry @110.21. This is a Buy Stop order right above the resistance zone. | An exit @109.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.62 points, which is 0.56%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- The distance between exit and entry is rather small compared to the average daily movement of TED. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LON:TED (10/20/2022, 5:28:15 PM)
109.9
+0.1 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week0.09%
2 Weeks0.09%
1 Month1.01%
3 Month29.29%
6 Month-25.64%
12 Month-18.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%0.86%
ATR Inc-46.15%
Range Today0.6
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.12
Mansfield1.51
10 Day High112.6
10 Day Low109.6
20 Day High112.8
20 Day Low107.6
52 Week High156.8
52 Week Low69.1
CS1 End109.86
CR1 Start110.2
Volume & EV
DER(3)-2.61%
DER(5)-0.46%
Volume39.06K
Volume Incr-81.8%
Vol(5)253.25K
Vol(50)751.42K