NYSEARCA:TEQI - NYSE Arca - US87283Q2066 - ETF - Currency: USD
Taking everything into account, TEQI scores 6 out of 10 in our technical rating. TEQI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
TEQI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 42.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.01, a Stop Loss order could be placed below this zone.
37.36
We found 3 important support areas.
We can see 2 important resistance 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 TEQI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEQI is up. |
ChartMill Relative Strength | 54.32 | NEUTRAL | TEQI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEQI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEQI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TEQI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.33 | NEUTRAL | The RSI value for TEQI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TEQI has a negative trend. |
Stochastics (14,3) | 76.78 | NEUTRAL | The Stochastics value for TEQI is a neutral value. |
Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for TEQI suggests low volalility. |
Average Directional Index/ADX (14) | 15.65 | NEGATIVE | The low ADX value for TEQI 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 |
---|---|---|---|
42.42 | 41.67 | 0.75 (1.78%) | 25.00% |
An entry @42.42. This is a Buy Stop order right above the resistance zone. | An exit @41.67. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.75 points, which is 1.78%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
NYSEARCA:TEQI (6/25/2025, 8:13:56 PM)
42.051
-0.24 (-0.57%)