TIM SA-ADR (TIMB) Technical Analysis
NYSE:TIMB • US88706T1088
Current stock price
TIMB Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to TIMB. Both in the recent history as in the last year, TIMB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that TIMB is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, TIMB also shows a nice and consistent pattern of rising prices.
- TIMB is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 80% of 22 stocks in the same industry.
- TIMB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TIMB is performing more or less in line with the market.
- In the last month TIMB has a been trading in the 24.45 - 26.93 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
TIMB Weekly and Daily overview Charts
TIMB Setup Rating and Analysis
TIMB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
TIMB Support and Resistance Analysis
20.14
We found 4 important support areas.
- A support zone ranging from 25.55 to 25.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.62 to 24.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.24 from a trend line in the weekly time frame.
- Support @20.34 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.48 to 27.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
TIMB Technical Indicator Signal Analysis
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 TIMB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TIMB is up. |
| ChartMill Relative Strength | 90.61 | POSITIVE | TIMB has a high relative strength, it outperformed 90.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TIMB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TIMB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TIMB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.23 | NEUTRAL | The RSI value for TIMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TIMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.42 | NEUTRAL | The Stochastics value for TIMB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TIMB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.02 | NEGATIVE | The low ADX value for TIMB suggests a weak or negative trend. |
TIMB Chart- and CandleStick Pattern Analysis
TIMB Example Setup
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 |
|---|---|---|---|
| 26.94 | 25.54 | 1.40 (5.20%) | 19.24% |
| An entry @26.94. This is a Buy Stop order right above the 10 day high. | An exit @25.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.40 points, which is 5.20%. | When investing 19.24% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TIMB Technicals: Chart, Performance Metrics, Trend & Indicators
26.01
-0.37 (-1.4%)
TIM SA-ADR / TIMB TA FAQ
Can you provide the ChartMill technical rating for TIM SA-ADR?
ChartMill assigns a technical rating of 10 / 10 to TIMB.
What is the trend direction for TIMB stock?
The current trend direction for TIM SA-ADR (TIMB) is Bullish.
Can you provide the RSI signal for TIM SA-ADR?
TIM SA-ADR (TIMB) has an RSI value of 52.2257. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TIM SA-ADR?
The short term momentum for TIM SA-ADR (TIMB) is positive.
What is the support and resistance level for TIMB stock?
TIM SA-ADR (TIMB) has a support level at 25.99 and a resistance level at 27.48. Check the full technical report for our detailed analysis of TIMB support and resistance levels.