TFIN Technical Analysis - TREVI FINANZIARIA INDUSTRIAL

Technical Rating and Analysis

Overall TFIN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TFIN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

When comparing the yearly performance of all stocks, we notice that TFIN is one of the better performing stocks in the market, outperforming 97% of all stocks.

TFIN is part of the Construction & Engineering industry. There are 41 other stocks in this industry. TFIN outperforms 92% of them.

TFIN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month TFIN has a been trading in the 0.43 - 0.56 range, which is quite wide. It is currently trading near the high of this range.

TFIN has an average volume of 4214520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

TREVI FINANZIARIA INDUSTRIAL / TFIN Weekly stock chart

TREVI FINANZIARIA INDUSTRIAL / TFIN Daily stock chart

Setup Rating and Analysis

Although TFIN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.32

0.56

4 important support areas can be observed.

A support zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @0.38 from a trend line in the daily time frame.
Support @0.33 from a trend line in the daily time frame.
Support @0.32 from a trend line in the weekly time frame.

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What is Support and Resistance

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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	UP	POSITIVE	The long term trend for TFIN.MI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for TFIN.MI is up.
ChartMill Relative Strength	97.65	POSITIVE	TFIN.MI has a high relative strength, it outperformed 97.65% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of TFIN.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of TFIN.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of TFIN.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)	71.84	OVERBOUGHT	The high RSI value suggests TFIN.MI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests TFIN.MI has a positive trend.
Stochastics (14,3)	86.08	OVERBOUGHT	The high Stochastics value suggests TFIN.MI may be overbought.
Average True Range in percent/ATR (20)	4.73	MEDIUM VOLATILITY	The ATR as a percentage value for TFIN.MI suggests some volalility.
Average Directional Index/ADX (14)	33.93	POSITIVE	The high ADX value value for TFIN.MI suggests a strong trend.