TEMPLETON EMRG MKTS INC (TEI) Stock Technical Analysis
NYSE:TEI - New York Stock Exchange, Inc. - US8801921094 - Currency: USD
Taking everything into account, TEI scores 8 out of 10 in our technical rating. Although TEI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
TEI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TEI is performing more or less in line with the market.
In the last month TEI has a been trading in the 5.36 - 5.77 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, TEI turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
Although TEI has an excellent technical rating, the quality of the presented setup is not ideal 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
4.85
5.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.58 to 5.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.38 to 5.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.90 to 5.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @5.75 from a horizontal line 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 | UP | POSITIVE | The long term trend for TEI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEI is up. |
| ChartMill Relative Strength | 64.08 | NEUTRAL | TEI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.24 | OVERBOUGHT | The high RSI value suggests TEI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TEI has a positive trend. |
| Stochastics (14,3) | 94.85 | OVERBOUGHT | The high Stochastics value suggests TEI may be overbought. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for TEI suggests low volalility. |
| Average Directional Index/ADX (14) | 25.5 | POSITIVE | The high ADX value value for TEI 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)
5.75
+0.02 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.35%
1 Week1.95%
2 Weeks4.55%
1 Month7.68%
3 Month5.7%
6 Month6.68%
12 Month6.68%
2 Year11.65%
3 Year6.68%
5 Year-26.75%
10 Year-46.31%
15 Year-60.48%
Volatility
ATR(14)0.07
ATR(20)%1.22%
ATR Inc-26.19%
Range Today0.06
ADR(20)0.07
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.08
Mansfield0.05
10 Day High5.77
10 Day Low5.48
20 Day High5.77
20 Day Low5.36
52 Week High5.94
52 Week Low4.78
CS1 End5.73
CR1 Start5.75
Volume & EV
DER(3)-0.67%
DER(5)-0.71%
Volume111.30K
Volume Incr-19.29%
Vol(5)147.12K
Vol(50)198.08K