Tingo Group Inc (TIO) Technical Analysis
NASDAQ:TIO • US55328R1095
Current stock price
TIO Technical Rating and Analysis
Overall TIO gets a technical rating of 0 out of 10. 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.
- When comparing the yearly performance of all stocks, TIO is a bad performer in the overall market: 100% of all stocks are doing better.
- TIO is part of the Wireless Telecommunication Services industry. There are 22 other stocks in this industry, of which 95% 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.
TIO Weekly and Daily overview Charts
TIO Setup Rating and Analysis
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.
More info and screens
TIO Support and Resistance Analysis
0.68
When analyzing the resistance we notice 2 important 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.
TIO 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 | DOWN | NEGATIVE | The long term trend for TIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TIO is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | TIO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TIO is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 37.08 | NEUTRAL | The RSI value for TIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TIO has a positive trend. |
| Stochastics (14,3) | 28.63 | NEUTRAL | The Stochastics value for TIO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.53 | HIGH VOLATILITY | The high ATR as a percentage value for TIO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.32 | NEGATIVE | The low ADX value for TIO suggests a weak or negative trend. |
TIO Chart- and CandleStick Pattern Analysis
TIO Technicals: Chart, Performance Metrics, Trend & Indicators
0.69
-0.02 (-2.2%)
Tingo Group Inc / TIO TA FAQ
Can you provide the ChartMill technical rating for Tingo Group Inc?
ChartMill assigns a technical rating of 0 / 10 to TIO.
What is the trend direction for TIO stock?
The current trend direction for Tingo Group Inc (TIO) is Bearish.
What is the RSI signal for TIO stock?
Tingo Group Inc (TIO) has an RSI value of 37.0784. This indicates that the stock is currently neutral.
What is the buy/sell signal for TIO stock?
The buy/sell signal for Tingo Group Inc (TIO) is sell as both the short term and long term trends are negative.
What is the support and resistance level for TIO stock?
Tingo Group Inc (TIO) has a resistance level at 0.7. Check the full technical report for our detailed analysis of TIO support and resistance levels.