USA - NASDAQ:TIO - US55328R1095 - Common Stock
We assign a technical rating of 0 out of 10 to TIO. TIO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
0.68
When analyzing the resistance we notice 2 important areas.
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. |
0.69
-0.02 (-2.2%)
ChartMill assigns a technical rating of 0 / 10 to TIO.
The current trend direction for Tingo Group Inc (TIO) is Bearish.
Tingo Group Inc (TIO) has an RSI value of 37.0784. This indicates that the stock is currently neutral.
The buy/sell signal for Tingo Group Inc (TIO) is sell as both the short term and long term trends are negative.
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.