TEREX CORP (TEX) Stock Technical Analysis
NYSE:TEX - New York Stock Exchange, Inc. - US8807791038 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to TEX. In the last year, TEX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, TEX is a bad performer in the overall market: 70% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TEX has a been trading in the 34.25 - 49.09 range, which is quite wide. It is currently trading near the high of this range.
TEX has an average volume of 1114250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TEX is an average performer in the Machinery industry, it outperforms 44% of 128 stocks in the same industry.
TEX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TEX is lagging the market slightly.
TEX has an average technical rating and the quality of the presented setup is also 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
45.10
49.46
When analyzing the support we notice one important area.
- A support zone ranging from 45.56 to 45.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 48.02 to 48.97. 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 | NEUTRAL | NEUTRAL | The long term trend for TEX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TEX is up. |
| ChartMill Relative Strength | 30.04 | NEUTRAL | TEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TEX is above 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 | NEGATIVE | The current price of TEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.6 | NEUTRAL | The RSI value for TEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests TEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.21 | NEUTRAL | The Stochastics value for TEX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for TEX suggests some volalility. |
| Average Directional Index/ADX (14) | 35.73 | POSITIVE | The high ADX value value for TEX 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)
45.84
+0.27 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.59%
1 Week-2.26%
2 Weeks12.55%
1 Month26.18%
3 Month6.16%
6 Month-14.8%
12 Month-24.82%
2 Year-1.14%
3 Year29.53%
5 Year191.6%
10 Year85.36%
15 Year110.66%
Volatility
ATR(14)1.75
ATR(20)%3.8%
ATR Inc-1.59%
Range Today1.02
ADR(20)1.43
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.04
Mansfield-0.88
10 Day High49.09
10 Day Low40.83
20 Day High49.09
20 Day Low34.25
52 Week High68.08
52 Week Low31.53
CS1 End45.83
CR1 Start48.02
Volume & EV
DER(3)-2.06%
DER(5)0%
Volume741.04K
Volume Incr-0.74%
Vol(5)970.99K
Vol(50)1.11M