We assign a technical rating of 3 out of 10 to TGL. In the past year, TGL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of TGL is bad and it also does not present a 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.
More info and screens
25.19
2 important resistance areas can be observed.
- A resistance zone ranging from 25.45 to 25.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.30 from a trend 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 | DOWN | NEGATIVE | The long term trend for TGL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGL is neutral. |
| ChartMill Relative Strength | 15.43 | NEGATIVE | TGL has a low relative strength, it was outperformed by 84.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TGL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.32 | NEUTRAL | The RSI value for TGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests TGL has a positive trend. |
| Stochastics (14,3) | 33.49 | NEUTRAL | The Stochastics value for TGL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.95 | HIGH VOLATILITY | The high ATR as a percentage value for TGL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.61 | NEGATIVE | The low ADX value for TGL suggests a weak or negative trend. |
25.44
+18.68 (+276.44%)
TREASURE GLOBAL INC / TGL FAQ
What is the ChartMill technical rating of TREASURE GLOBAL INC (TGL) stock?
ChartMill assigns a technical rating of 3 / 10 to TGL.
What is the trend direction for TGL stock?
The current trend direction for TREASURE GLOBAL INC (TGL) is Bearish.
What is the RSI signal for TREASURE GLOBAL INC (TGL) stock?
TREASURE GLOBAL INC (TGL) has an RSI value of 68.3212. This indicates that the stock is currently neutral.
What is the short term momentum for TREASURE GLOBAL INC (TGL) stock?
The short term momentum for TREASURE GLOBAL INC (TGL) is neutral.
What are the support and resistance levels for TREASURE GLOBAL INC (TGL) stock?
TREASURE GLOBAL INC (TGL) has a resistance level at 25.45. Check the full technical report for our detailed analysis of TGL support and resistance levels.