TEREX CORP (TEX) Stock Technical Analysis
NYSE:TEX - US8807791038 - Common Stock
49.94 USD
-2.19 (-4.2%)
49.94 USD
0 (0%)
Overall TEX gets a technical rating of 6 out of 10. Although TEX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, TEX is a bad performer in the overall market: 70% of all stocks are doing better.
TEX is one of the lesser performing stocks in the Machinery industry. 61% of 128 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TEX is lagging the market.
In the last month TEX has a been trading in the 47.47 - 53.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TEX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 49.87, a Stop Loss order could be placed below this zone.
More info and screens
47.85
53.94
We found 1 important support area.
- A support zone ranging from 48.33 to 49.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 50.35 to 50.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.30 to 53.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TEX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEX is neutral. |
| ChartMill Relative Strength | 30.84 | NEUTRAL | TEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TEX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TEX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.22 | NEUTRAL | The RSI value for TEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.53 | NEUTRAL | The Stochastics value for TEX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for TEX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.11 | NEGATIVE | The low ADX value for TEX suggests a weak or negative 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)
49.94
-2.19 (-4.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-4.2%
1 Week-3.18%
2 Weeks-0.64%
1 Month2%
3 Month10.95%
6 Month22.7%
12 Month-12.03%
2 Year-17.6%
3 Year50.33%
5 Year155.19%
10 Year114.06%
15 Year174.25%
Volatility
ATR(14)1.74
ATR(20)%3.27%
ATR Inc32.22%
Range Today2.08
ADR(20)1.52
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.84
Mansfield-0.28
10 Day High53.19
10 Day Low48.26
20 Day High53.19
20 Day Low47.47
52 Week High58.66
52 Week Low31.53
CS1 End49.87
CR1 Start50.35
Volume & EV
DER(3)-1.93%
DER(5)-0.33%
Volume1.58M
Volume Incr4.86%
Vol(5)802.48K
Vol(50)832.18K