USA - NYSE:TEI - US8801921094
We assign a technical rating of 7 out of 10 to TEI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TEI is only an average performer.
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.
5.03
We found 5 important support areas.
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 | 60.49 | NEUTRAL | TEI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of TEI is below 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) | 51.94 | NEUTRAL | The RSI value for TEI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TEI has a negative trend. |
Stochastics (14,3) | 60.62 | NEUTRAL | The Stochastics value for TEI is a neutral value. |
Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for TEI suggests low volalility. |
Average Directional Index/ADX (14) | 15.32 | NEGATIVE | The low ADX value for TEI suggests a weak or negative trend. |
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 |
---|---|---|---|
6.43 | 6.09 | 0.34 (5.28%) | 18.93% |
An entry @6.43. This is a Buy Stop order right above the 10 day high. | An exit @6.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 5.28%. | For a 1.00% total portfolio risk, you can invest 18.93% of your capital in this trade. |
6.25
-0.08 (-1.26%)