TOKYO LIFESTYLE CO LTD (TKLF) Stock Technical Analysis
NASDAQ:TKLF • US98741L2007
Taking everything into account, TKLF scores 1 out of 10 in our technical rating. TKLF'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, TKLF is a bad performer in the overall market: 79% of all stocks are doing better.
- TKLF is part of the Specialty Retail industry. There are 121 other stocks in this industry, of which 65% are performing better than TKLF.
- TKLF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: TKLF has an average volume of 18948 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- TKLF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TKLF is lagging the market.
- Considerably lower volume is observed in the last couple of days.
TKLF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.95. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TKLF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.40
3 important support areas can be observed.
- A support zone ranging from 2.91 to 2.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.84 from a horizontal line in the daily time frame.
- Support @2.42 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.95 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.18 from a horizontal line in the weekly time frame.
- Resistance @3.43 from a trend line in the daily time frame.
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 TKLF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TKLF is neutral. |
| ChartMill Relative Strength | 21.26 | NEGATIVE | TKLF has a low relative strength, it was outperformed by 78.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TKLF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TKLF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TKLF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.12 | NEUTRAL | The RSI value for TKLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TKLF has a negative trend. |
| Stochastics (14,3) | 59.7 | NEUTRAL | The Stochastics value for TKLF is a neutral value. |
| Average True Range in percent/ATR (20) | 9.12 | HIGH VOLATILITY | The high ATR as a percentage value for TKLF suggests high volalility. |
| Average Directional Index/ADX (14) | 33.89 | POSITIVE | The high ADX value value for TKLF suggests a strong trend. |
2.92
-0.12 (-3.95%)
TOKYO LIFESTYLE CO LTD / TKLF FAQ
What is the technical rating for TKLF stock?
ChartMill assigns a technical rating of 1 / 10 to TKLF.
What is the current trend direction of TOKYO LIFESTYLE CO LTD (TKLF) stock?
The current trend direction for TOKYO LIFESTYLE CO LTD (TKLF) is Bearish.
What is the RSI signal for TKLF stock?
TOKYO LIFESTYLE CO LTD (TKLF) has an RSI value of 46.1173. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TOKYO LIFESTYLE CO LTD?
The short term momentum for TOKYO LIFESTYLE CO LTD (TKLF) is neutral.