TIM SA-ADR (TIMB) Stock Technical Analysis
NYSE:TIMB - New York Stock Exchange, Inc. - US88706T1088 - ADR - Currency: USD
We assign a technical rating of 8 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TIMB 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 TIMB is lagging the market slightly.
Looking at the yearly performance, TIMB did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
TIMB is an average performer in the Wireless Telecommunication Services industry, it outperforms 70% of 21 stocks in the same industry.
In the last month TIMB has a been trading in the 18.36 - 20.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TIMB has an excellent technical rating, it does not present a decent entry opportunity 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
17.31
19.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.98 to 18.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.48 from a trend 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 TIMB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TIMB is neutral. |
| ChartMill Relative Strength | 82.14 | POSITIVE | TIMB has a high relative strength, it outperformed 82.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TIMB is below 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) | 48.91 | NEUTRAL | The RSI value for TIMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests TIMB has a negative trend. |
| Stochastics (14,3) | 31.38 | NEUTRAL | The Stochastics value for TIMB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for TIMB suggests some volalility. |
| Average Directional Index/ADX (14) | 24.49 | NEUTRAL | The ADX value for TIMB suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
18.99
-0.33 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-1.71%
1 Week-8.08%
2 Weeks-2.91%
1 Month0.85%
3 Month28.14%
6 Month66.29%
12 Month21.89%
2 Year25.76%
3 Year56.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%2.46%
ATR Inc-4.52%
Range Today0.37
ADR(20)0.39
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.14
Mansfield1.44
10 Day High20.78
10 Day Low18.92
20 Day High20.78
20 Day Low18.36
52 Week High20.78
52 Week Low11.32
CS1 End18.98
CR1 StartN/A
Volume & EV
DER(3)-1.98%
DER(5)-1.99%
Volume622.60K
Volume Incr-7.87%
Vol(5)547.46K
Vol(50)453.67K