Overall TFI gets a technical rating of 3 out of 10. TFI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is bad, TFI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.64, a Stop Loss order could be placed below this zone.
More info and screens
43.18
2 important support areas can be observed.
- A support zone ranging from 44.40 to 45.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.62 to 43.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.67 to 46.65. This zone is formed by a combination of multiple trend lines and important moving averages 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 TFI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TFI is down. |
| ChartMill Relative Strength | 42.17 | NEUTRAL | TFI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TFI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TFI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TFI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.68 | NEUTRAL | The RSI value for TFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TFI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.16 | NEUTRAL | The Stochastics value for TFI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for TFI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.89 | NEGATIVE | The low ADX value for TFI suggests a weak or negative trend. |
45.66
+0.05 (+0.11%)
SS SPDR N ICE MUNI BOND ETF / TFI FAQ
What is the technical rating for TFI stock?
ChartMill assigns a technical rating of 3 / 10 to TFI.
What is the trend direction for TFI stock?
The current trend direction for SS SPDR N ICE MUNI BOND ETF (TFI) is Bullish.
What is the RSI signal for SS SPDR N ICE MUNI BOND ETF (TFI) stock?
SS SPDR N ICE MUNI BOND ETF (TFI) has an RSI value of 48.6762. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SS SPDR N ICE MUNI BOND ETF?
The buy/sell signal for SS SPDR N ICE MUNI BOND ETF (TFI) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for SS SPDR N ICE MUNI BOND ETF?
SS SPDR N ICE MUNI BOND ETF (TFI) has a support level at 45.64 and a resistance level at 45.67. Check the full technical report for our detailed analysis of TFI support and resistance levels.