ACUREN CORPORATION (TIC) Stock Technical Analysis
NYSE:TIC - US00510N1028 - Common Stock
10.75 USD
+0.15 (+1.42%)
10.8 USD
+0.05 (+0.47%)
We assign a technical rating of 2 out of 10 to TIC. TIC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, TIC is a bad performer in the overall market: 100% of all stocks are doing better.
TIC is one of the lesser performing stocks in the Professional Services industry. 88% of 81 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TIC has an average volume of 2531060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TIC has a been trading in the 9.00 - 11.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of TIC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.97
12.11
2 important support areas can be observed.
- Support @9.36 from a horizontal line in the weekly time frame.
- A support zone ranging from 9.06 to 9.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @11.65 from a trend line in the daily time frame.
- A resistance zone ranging from 11.87 to 11.99. 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 | UP | POSITIVE | The long term trend for TIC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TIC is neutral. |
| 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) | DOWN | MIXED | The current price of TIC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TIC is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 56.36 | NEUTRAL | The RSI value for TIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests TIC has a positive trend. |
| Stochastics (14,3) | 86.53 | OVERBOUGHT | The high Stochastics value suggests TIC may be overbought. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for TIC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.74 | POSITIVE | The high ADX value value for TIC suggests a strong 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)
10.75
+0.15 (+1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.42%
1 Week8.04%
2 Weeks14.36%
1 Month-4.61%
3 Month2.38%
6 Month-13.03%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%4.41%
ATR Inc4.34%
Range Today0.41
ADR(20)0.46
ADR(20)%4.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High10.95
10 Day Low9.27
20 Day High11.68
20 Day Low9
52 Week HighN/A
52 Week LowN/A
CS1 End9.36
CR1 Start11.65
Volume & EV
DER(3)1.67%
DER(5)1.2%
Volume1.55M
Volume Incr-37.63%
Vol(5)1.95M
Vol(50)2.53M