Pareteum Corp (TEUM) Technical Analysis
NYSEARCA:TEUM • US69946T2078
Current stock price
TEUM Technical Rating and Analysis
Overall TEUM gets a technical rating of 0 out of 10. TEUM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 98% of all other stocks performed better in the past year than TEUM.
- TEUM is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TEUM is lagging the market.
- In the last month TEUM has a been trading in the 0.23 - 0.71 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TEUM has an average volume of 1737560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TEUM Weekly and Daily overview Charts
TEUM Setup Rating and Analysis
The technical rating of TEUM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TEUM Support and Resistance Analysis
0.28
When analyzing the resistance we notice one important area.
- Resistance @0.68 from a horizontal line in the daily time frame.
TEUM 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 TEUM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TEUM is down. |
| ChartMill Relative Strength | 2.04 | NEGATIVE | TEUM has a low relative strength, it was outperformed by 97.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TEUM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TEUM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TEUM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.54 | OVERSOLD | The low RSI value suggests TEUM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TEUM has a negative trend. |
| Stochastics (14,3) | 15.32 | OVERSOLD | The low Stochastics value suggests TEUM may be oversold. |
| Average True Range in percent/ATR (20) | 22.71 | HIGH VOLATILITY | The high ATR as a percentage value for TEUM suggests high volalility. |
TEUM Chart- and CandleStick Pattern Analysis
TEUM Technicals: Chart, Performance Metrics, Trend & Indicators
0.279
-0.19 (-40.64%)
Pareteum Corp / TEUM TA FAQ
What is the technical rating for TEUM stock?
ChartMill assigns a technical rating of 0 / 10 to TEUM.
What is the trend direction for TEUM stock?
The current trend direction for Pareteum Corp (TEUM) is Bearish.
Can you provide the RSI signal for Pareteum Corp?
Pareteum Corp (TEUM) has an RSI value of 19.537. This indicates that the stock is currently oversold.
Can you provide the short term momentum for Pareteum Corp?
The short term momentum for Pareteum Corp (TEUM) is negative.
What is the support and resistance level for TEUM stock?
Pareteum Corp (TEUM) has a resistance level at 0.68. Check the full technical report for our detailed analysis of TEUM support and resistance levels.