TIM SA-ADR (TIMB) Stock Technical Analysis
NYSE:TIMB - US88706T1088 - ADR
21.15 USD
-0.32 (-1.49%)
21.15 USD
0 (0%)
Taking everything into account, TIMB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TIMB is showing a nice and steady performance.
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 85% of all stocks.
TIMB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TIMB has a been trading in the 18.90 - 21.57 range, which is quite wide. It is currently trading near the high of this range.
TIMB is an average performer in the Wireless Telecommunication Services industry, it outperforms 70% of 21 stocks in the same industry.
Although TIMB has an excellent technical rating, the quality of the presented setup is not ideal 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
17.81
21.68
We found 3 important support areas.
- A support zone ranging from 20.29 to 20.90. 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 18.90 to 19.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.99 to 18.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.16 to 21.47. 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 TIMB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TIMB is up. |
| ChartMill Relative Strength | 85.48 | POSITIVE | TIMB has a high relative strength, it outperformed 85.48% 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) | 63.53 | 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) | 84.76 | OVERBOUGHT | The high Stochastics value suggests TIMB may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for TIMB suggests low volalility. |
| Average Directional Index/ADX (14) | 31.2 | POSITIVE | The high ADX value value for TIMB suggests a strong 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)
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 |
|---|---|---|---|
| 21.48 | 20.27 | 1.21 (5.63%) | 17.75% |
| An entry @21.48. This is a Buy Stop order right above the resistance zone. | An exit @20.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.21 points, which is 5.63%. | For a 1.00% total portfolio risk, you can invest 17.75% of your capital in this trade. |
- 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.
21.15
-0.32 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-1.49%
1 Week0.95%
2 Weeks1.54%
1 Month12.5%
3 Month24.34%
6 Month53.04%
12 Month32.85%
2 Year44.27%
3 Year86.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%1.86%
ATR Inc10.98%
Range Today0.43
ADR(20)0.34
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.48
Mansfield2.17
10 Day High21.57
10 Day Low20.28
20 Day High21.57
20 Day Low18.9
52 Week High21.57
52 Week Low11.32
CS1 End20.9
CR1 Start21.16
Volume & EV
DER(3)-3.02%
DER(5)-1.61%
Volume321.80K
Volume Incr0.63%
Vol(5)386.92K
Vol(50)456.16K