Logo image of TIO

Tingo Group Inc (TIO) Stock Technical Analysis

NASDAQ:TIO - Nasdaq - US55328R1095 - Common Stock - Currency: USD

0.69  -0.02 (-2.2%)

After market: 0.7101 +0.02 (+2.91%)

Technical Rating and Analysis

0

Taking everything into account, TIO scores 0 out of 10 in our technical rating. TIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than TIO.
TIO is part of the Wireless Telecommunication Services industry. There are 21 other stocks in this industry, of which 105% are performing better than TIO.
TIO has an average volume of 2863920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TIO has a been trading in the 0.63 - 0.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
Tingo Group Inc / TIO Weekly stock chart
Tingo Group Inc / TIO Daily stock chart
Setup Rating and Analysis

3

The technical rating of TIO is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

0.68

1.00

We can see 2 important resistance areas.

  • A resistance zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.98 to 0.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for TIO is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TIO is down.
ChartMill Relative Strength0NEGATIVETIO has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TIO is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of TIO is below a declining SMA(50).
Relative Strength Index/RSI (14)37.08NEUTRALThe RSI value for TIO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests TIO has a positive trend.
Stochastics (14,3)28.63NEUTRALThe Stochastics value for TIO is a neutral value.
Average True Range in percent/ATR (20)9.53HIGH VOLATILITYThe high ATR as a percentage value for TIO suggests high volalility.
Average Directional Index/ADX (14)17.32NEGATIVEThe low ADX value for TIO suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Tingo Group Inc / TIO Daily stock chart

Tingo Group Inc

NASDAQ:TIO (11/13/2023, 8:19:03 PM)

After market: 0.7101 +0.02 (+2.91%)

0.69

-0.02 (-2.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-2.2%
1 Week4.55%
2 Weeks-10.91%
1 Month-24.75%
3 Month-42.02%
6 Month-87.03%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%9.53%
ATR Inc63.1%
Range Today0.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.83
10 Day Low0.63
20 Day High0.94
20 Day Low0.63
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.7
Volume & EV
DER(3)-9%
DER(5)-2.75%
Volume6.90M
Volume Incr90.23%
Vol(5)3.57M
Vol(50)2.86M