TREASURE GLOBAL INC (TGL) Stock Technical Analysis
NASDAQ:TGL - Nasdaq - US89458T3041 - Common Stock - Currency: USD
Overall TGL gets a technical rating of 0 out of 10. TGL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TGL is a bad performer in the overall market: 100% of all stocks are doing better.
TGL is one of the lesser performing stocks in the Media industry. 87% of 97 stocks in the same industry do better.
TGL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TGL has a been trading in the 1.01 - 1.35 range, which is quite wide. It is currently trading near the lows of this range.
TGL has an average volume of 1787030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TGL does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for TGL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.11
1.25
2 important resistance areas can be observed.
- A resistance zone ranging from 1.12 to 1.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.24 to 1.24. 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 | DOWN | NEGATIVE | The long term trend for TGL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TGL is down. |
| ChartMill Relative Strength | 0.44 | NEGATIVE | TGL has a low relative strength, it was outperformed by 99.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TGL is below a declining 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) | 39.82 | NEUTRAL | The RSI value for TGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.47 | NEUTRAL | The Stochastics value for TGL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.98 | HIGH VOLATILITY | The high ATR as a percentage value for TGL suggests high volalility. |
| Average Directional Index/ADX (14) | 8.38 | NEGATIVE | The low ADX value for TGL suggests a weak or negative 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)
1.12
+0.03 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.75%
1 Week-5.08%
2 Weeks6.67%
1 Month-17.04%
3 Month-60.42%
6 Month-90.51%
12 Month-98.67%
2 Year-99.95%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%7.98%
ATR Inc7.29%
Range Today0.06
ADR(20)0.09
ADR(20)%7.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.44
Mansfield-9.44
10 Day High1.35
10 Day Low1.03
20 Day High1.35
20 Day Low1.01
52 Week High116
52 Week Low1.01
CS1 EndN/A
CR1 Start1.12
Volume & EV
DER(3)6.41%
DER(5)1.9%
Volume286.20K
Volume Incr53.94%
Vol(5)468.11K
Vol(50)1.79M