We assign a technical rating of 6 out of 10 to TFSL. TFSL 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 only medium, TFSL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 13.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.87
We found 4 important support areas.
- A support zone ranging from 13.63 to 13.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.25 to 13.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.66 to 12.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.94 to 14.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.49 from a horizontal line in the daily time frame.
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 TFSL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TFSL is neutral. |
| ChartMill Relative Strength | 58.34 | NEUTRAL | TFSL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TFSL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TFSL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TFSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.8 | NEUTRAL | The RSI value for TFSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TFSL has a negative trend. |
| Stochastics (14,3) | 30.06 | NEUTRAL | The Stochastics value for TFSL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for TFSL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for TFSL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.27 | 13.62 | 0.65 (4.56%) | 21.95% |
| An entry @14.27. This is a Buy Stop order right above the resistance zone. | An exit @13.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.65 points, which is 4.56%. | When investing 21.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
13.91
+0.25 (+1.83%)
TFS FINANCIAL CORP / TFSL FAQ
What is the ChartMill technical rating of TFS FINANCIAL CORP (TFSL) stock?
ChartMill assigns a technical rating of 6 / 10 to TFSL.
What is the trend direction for TFSL stock?
The current trend direction for TFS FINANCIAL CORP (TFSL) is Bullish.
What is the RSI signal for TFSL stock?
TFS FINANCIAL CORP (TFSL) has an RSI value of 50.7967. This indicates that the stock is currently neutral.
What is the short term momentum for TFS FINANCIAL CORP (TFSL) stock?
The short term momentum for TFS FINANCIAL CORP (TFSL) is neutral.
Can you provide the support and resistance levels for TFS FINANCIAL CORP?
TFS FINANCIAL CORP (TFSL) has a support level at 13.74 and a resistance level at 13.94. Check the full technical report for our detailed analysis of TFSL support and resistance levels.