INTERFACE INC (TILE) Stock Technical Analysis
NASDAQ:TILE • US4586653044
Overall TILE gets a technical rating of 8 out of 10. In the last year, TILE was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month TILE has a been trading in the 30.73 - 35.11 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, TILE did better than 86% of all other stocks. We also observe that the gains produced by TILE over the past year are nicely spread over this period.
- TILE is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 88% of 80 stocks in the same industry.
- TILE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TILE is lagging the market slightly.
- 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.
- Volume is considerably higher in the last couple of days.
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 very little resistance above the current price. There is a support zone below the current price at 31.48, a Stop Loss order could be placed below this zone.
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23.51
When analyzing the support we can see 4 important areas.
- A support zone ranging from 30.80 to 31.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.62 from a trend line in the daily time frame.
- A support zone ranging from 28.20 to 28.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.75 from a trend line in the weekly 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 TILE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TILE is down. |
| ChartMill Relative Strength | 86.97 | POSITIVE | TILE has a high relative strength, it outperformed 86.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TILE is below a declining 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) | 44.28 | NEUTRAL | The RSI value for TILE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests TILE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.04 | OVERSOLD | The low Stochastics value suggests TILE may be oversold. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TILE suggests some volalility. |
| Average Directional Index/ADX (14) | 27.69 | 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 |
|---|---|---|---|
| 32.43 | 30.79 | 1.64 (5.06%) | 19.77% |
| An entry @32.43. This is a Buy Stop order right above the 10 day moving average. | An exit @30.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.64 points, which is 5.06%. | For a 1.00% total portfolio risk, you can invest 19.77% 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.
31.49
-0.15 (-0.47%)
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 current trend direction of INTERFACE INC (TILE) stock?
The current trend direction for INTERFACE INC (TILE) is Bullish.
Can you provide the RSI signal for INTERFACE INC?
INTERFACE INC (TILE) has an RSI value of 44.2799. 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 -0.385174, indicating a bearish trend.
Can you provide the support and resistance levels for INTERFACE INC?
INTERFACE INC (TILE) has a support level at 31.48. Check the full technical report for our detailed analysis of TILE support and resistance levels.