Taking everything into account, TILE scores 8 out of 10 in our technical rating. Although TILE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, TILE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 28.27, a Stop Loss order could be placed below this zone.
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22.55
We found 5 important support areas.
- A support zone ranging from 28.00 to 28.27. 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 26.95 to 27.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.46 from a trend line in the weekly time frame.
- A support zone ranging from 24.90 to 24.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.56 to 29.88. 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 TILE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TILE is up. |
| ChartMill Relative Strength | 60.87 | NEUTRAL | TILE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TILE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TILE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TILE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.75 | NEUTRAL | The RSI value for TILE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TILE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.17 | NEUTRAL | The Stochastics value for TILE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for TILE suggests some volalility. |
| Average Directional Index/ADX (14) | 37.32 | POSITIVE | The high ADX value value for TILE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.32 | 27.99 | 0.33 (1.18%) | 25.00% |
| An entry @28.32. This is a Buy Stop order right above the 10 day moving average. | An exit @27.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.33 points, which is 1.18%. | For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TILE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.29
+0.21 (+0.75%)
INTERFACE INC / TILE FAQ
What is the ChartMill technical rating of INTERFACE INC (TILE) stock?
ChartMill assigns a technical rating of 8 / 10 to TILE.
What is the trend direction for TILE stock?
The current trend direction for INTERFACE INC (TILE) is Bullish.
What is the RSI signal for TILE stock?
INTERFACE INC (TILE) has an RSI value of 58.7523. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INTERFACE INC?
The MACD indicator for INTERFACE INC (TILE) has a value of -0.0229639, indicating a bearish trend.
What are the support and resistance levels for INTERFACE INC (TILE) stock?
INTERFACE INC (TILE) has a support level at 28.27 and a resistance level at 29.56. Check the full technical report for our detailed analysis of TILE support and resistance levels.