We assign a technical rating of 5 out of 10 to TIK. Although TIK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, TIK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.03. Right above this resistance zone may be a good entry point.
More info and screens
2.60
We found 2 important support areas.
- Support @3.44 from a horizontal line in the daily time frame.
- A support zone ranging from 2.63 to 2.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.03 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 TIK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TIK is down. |
| ChartMill Relative Strength | 93.97 | POSITIVE | TIK has a high relative strength, it outperformed 93.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TIK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TIK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TIK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.77 | NEUTRAL | The RSI value for TIK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TIK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.32 | NEUTRAL | The Stochastics value for TIK is a neutral value. |
| Average True Range in percent/ATR (20) | 9.44 | HIGH VOLATILITY | The high ATR as a percentage value for TIK suggests high volalility. |
NYSEARCA:TIK (3/8/2019, 8:24:12 PM)
3.6
+0.15 (+4.35%)
TEL-INSTRUMENT ELECTRONICS / TIK FAQ
What is the technical rating for TIK stock?
ChartMill assigns a technical rating of 4 / 10 to TIK.
Can you provide the trend direction for TEL-INSTRUMENT ELECTRONICS?
The current trend direction for TEL-INSTRUMENT ELECTRONICS (TIK) is Bearish.
What is the RSI signal for TEL-INSTRUMENT ELECTRONICS (TIK) stock?
TEL-INSTRUMENT ELECTRONICS (TIK) has an RSI value of 38.7685. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TEL-INSTRUMENT ELECTRONICS?
The MACD indicator for TEL-INSTRUMENT ELECTRONICS (TIK) has a value of -0.0397429, indicating a bearish trend.