TELUS International Cda Inc (TIXT) Technical Analysis
NYSE:TIXT • CA87975H1001
Current stock price
TIXT Technical Rating and Analysis
Taking everything into account, TIXT scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- TIXT is part of the IT Services industry. There are 88 other stocks in this industry. TIXT outperforms 87% of them.
- TIXT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TIXT is performing more or less in line with the market.
- TIXT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- TIXT has an average volume of 1238710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Looking at the yearly performance, TIXT did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month TIXT has a been trading in a tight range between 4.31 and 4.50.
TIXT Weekly and Daily overview Charts
TIXT Setup Rating and Analysis
TIXT has an average technical rating and it also does not offer a high 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
TIXT Support and Resistance Analysis
4.20
We found 1 important support area.
- A support zone ranging from 4.24 to 4.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.38 to 4.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TIXT 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 | UP | POSITIVE | The long term trend for TIXT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TIXT is down. |
| ChartMill Relative Strength | 80.29 | POSITIVE | TIXT has a high relative strength, it outperformed 80.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TIXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TIXT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TIXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.77 | NEUTRAL | The RSI value for TIXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TIXT has a negative trend. |
| Stochastics (14,3) | 15.69 | OVERSOLD | The low Stochastics value suggests TIXT may be oversold. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for TIXT suggests low volalility. |
| Average Directional Index/ADX (14) | 32.34 | POSITIVE | The high ADX value value for TIXT suggests a strong trend. |
TIXT Chart- and CandleStick Pattern Analysis
TIXT Technicals: Chart, Performance Metrics, Trend & Indicators
4.31
-0.05 (-1.15%)
TELUS International Cda Inc / TIXT TA FAQ
What is the technical rating for TIXT stock?
ChartMill assigns a technical rating of 5 / 10 to TIXT.
Can you provide the trend direction for TELUS International Cda Inc?
The current trend direction for TELUS International Cda Inc (TIXT) is Bullish.
What is the RSI signal for TIXT stock?
TELUS International Cda Inc (TIXT) has an RSI value of 35.7665. This indicates that the stock is currently neutral.
What is the MACD signal for TIXT stock?
The MACD indicator for TELUS International Cda Inc (TIXT) has a value of -0.0243462, indicating a bearish trend.
What is the support and resistance level for TIXT stock?
TELUS International Cda Inc (TIXT) has a support level at 4.3 and a resistance level at 4.38. Check the full technical report for our detailed analysis of TIXT support and resistance levels.