TEG Technical Analysis - TAG IMMOBILIEN AG

Technical Rating and Analysis

Overall TEG gets a technical rating of 0 out of 10. TEG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

86% of all other stocks performed better in the past year than TEG.

TEG is one of the lesser performing stocks in the Real Estate Management & Development industry. 61% of 74 stocks in the same industry do better.

In the last month TEG has a been trading in the 14.21 - 16.01 range, which is quite wide. It is currently trading near the lows of this range.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

TEG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TEG is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

TAG IMMOBILIEN AG / TEG Weekly stock chart

TAG IMMOBILIEN AG / TEG Daily stock chart

Setup Rating and Analysis

TEG has a bad technical rating, but it does show 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 14.42, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.54

16.09

We found 3 important support areas.

A support zone ranging from 14.30 to 14.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
A support zone ranging from 14.00 to 14.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @12.67 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 14.58 to 15.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 15.72 to 15.93. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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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	NEUTRAL	NEUTRAL	The long term trend for TEG.DE is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TEG.DE is down.
ChartMill Relative Strength	14.46	NEGATIVE	TEG.DE has a low relative strength, it was outperformed by 85.54% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of TEG.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of TEG.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of TEG.DE is above a declining SMA(200).
Relative Strength Index/RSI (14)	39.79	NEUTRAL	The RSI value for TEG.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.07	NEGATIVE	The MACD value suggests TEG.DE has a negative trend.
Stochastics (14,3)	24.12	NEUTRAL	The Stochastics value for TEG.DE is a neutral value.
Average True Range in percent/ATR (20)	2.49	MEDIUM VOLATILITY	The ATR as a percentage value for TEG.DE suggests some volalility.
Average Directional Index/ADX (14)	14.69	NEGATIVE	The low ADX value for TEG.DE suggests a weak or negative trend.