TEG Technical Analysis - TAG IMMOBILIEN AG

Technical Rating and Analysis

Taking everything into account, TEG scores 4 out of 10 in our technical rating. In the last year, TEG was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.

81% of all other stocks performed better in the past year than TEG.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

TEG is an average performer in the Real Estate Management & Development industry, it outperforms 48% of 67 stocks in the same industry.

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.

In the last month TEG has a been trading in the 14.21 - 16.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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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 an average technical rating and also the quality of the setup is only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.53

15.88

3 important support areas can be observed.

A support zone ranging from 14.30 to 14.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 @12.66 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 14.83 to 15.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @15.72 from a horizontal line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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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	UP	POSITIVE	The long term trend for TEG.DE is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for TEG.DE is neutral.
ChartMill Relative Strength	19.23	NEGATIVE	TEG.DE has a low relative strength, it was outperformed by 80.77% 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)	UP	POSITIVE	The current price of TEG.DE is above the rising 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)	46.72	NEUTRAL	The RSI value for TEG.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests TEG.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	37.96	NEUTRAL	The Stochastics value for TEG.DE is a neutral value.
Average True Range in percent/ATR (20)	2.69	MEDIUM VOLATILITY	The ATR as a percentage value for TEG.DE suggests some volalility.
Average Directional Index/ADX (14)	16.37	NEGATIVE	The low ADX value for TEG.DE suggests a weak or negative trend.