TIC SOLUTIONS INC (TIC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TIC - US00510N1028 - Common Stock
Taking everything into account, TIC scores 5 out of 10 in our technical rating. TIC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than TIC.
- TIC is one of the lesser performing stocks in the Professional Services industry. 87% of 88 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- TIC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- TIC has an average volume of 2793480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is only medium, TIC does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 11.46. Right above this resistance zone may be a good entry point. 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
8.97
3 important support areas can be observed.
- A support zone ranging from 10.22 to 10.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.88 to 9.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.06 to 9.19. 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 11.46 to 11.65. 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 | NEUTRAL | NEUTRAL | The long term trend for TIC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TIC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TIC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TIC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.74 | NEUTRAL | The RSI value for TIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests TIC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.68 | NEUTRAL | The Stochastics value for TIC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for TIC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.81 | NEUTRAL | The ADX value for TIC suggests a possible start of a new trend. |
11.44
-0.2 (-1.72%)
TIC SOLUTIONS INC / TIC FAQ
What is the technical rating for TIC stock?
ChartMill assigns a technical rating of 5 / 10 to TIC.
Can you provide the trend direction for TIC SOLUTIONS INC?
The current trend direction for TIC SOLUTIONS INC (TIC) is Bearish.
What is the RSI signal for TIC SOLUTIONS INC (TIC) stock?
TIC SOLUTIONS INC (TIC) has an RSI value of 59.737. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TIC SOLUTIONS INC?
The MACD indicator for TIC SOLUTIONS INC (TIC) has a value of 0.124729, indicating a bearish trend.
What is the short term momentum for TIC stock?
The short term momentum for TIC SOLUTIONS INC (TIC) is positive.