TITAN MINING CORP (TII) Stock Technical Analysis
NYSEARCA:TII • CA88831L2021
We assign a technical rating of 2 out of 10 to TII. TII performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than TII.
- TII is part of the Metals & Mining industry. There are 156 other stocks in this industry, of which 90% are performing better than TII.
- In the last month TII has a been trading in the 3.22 - 5.22 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
TII has a poor technical rating and the quality of the setup is also only medium 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
3.30
We found 2 important support areas.
- A support zone ranging from 3.42 to 3.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.33 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 TII is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TII is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | TII has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TII is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 44.82 | NEUTRAL | The RSI value for TII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests TII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.82 | OVERSOLD | The low Stochastics value suggests TII may be oversold. |
| Average True Range in percent/ATR (20) | 13.2 | HIGH VOLATILITY | The high ATR as a percentage value for TII suggests high volalility. |
| Average Directional Index/ADX (14) | 19.73 | NEGATIVE | The low ADX value for TII suggests a weak or negative trend. |
3.45
+0.01 (+0.29%)
TITAN MINING CORP / TII FAQ
What is the ChartMill technical rating of TITAN MINING CORP (TII) stock?
ChartMill assigns a technical rating of 2 / 10 to TII.
What is the trend direction for TII stock?
The current trend direction for TITAN MINING CORP (TII) is Bullish.
Can you provide the RSI signal for TITAN MINING CORP?
TITAN MINING CORP (TII) has an RSI value of 44.8239. This indicates that the stock is currently neutral.
What is the MACD signal for TII stock?
The MACD indicator for TITAN MINING CORP (TII) has a value of -0.132854, indicating a bearish trend.
What is the support and resistance level for TII stock?
TITAN MINING CORP (TII) has a support level at 3.43. Check the full technical report for our detailed analysis of TII support and resistance levels.