TKO GROUP HOLDINGS INC (TKO) Stock Technical Analysis
NYSE:TKO - US87256C1018 - Common Stock
189.56 USD
-0.58 (-0.31%)
189.56 USD
0 (0%)
We assign a technical rating of 10 out of 10 to TKO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TKO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TKO is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, TKO also shows a nice and consistent pattern of rising prices.
TKO is one of the better performing stocks in the Entertainment industry, it outperforms 79% of 75 stocks in the same industry.
TKO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
TKO 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.
Besides having an excellent technical rating, TKO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 182.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
138.78
193.20
When analyzing the support we can see 6 important areas.
- A support zone ranging from 180.19 to 182.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 163.28 to 164.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 159.06 to 159.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @156.23 from a horizontal line in the daily time frame.
- Support @143.58 from a trend line in the daily time frame.
- Support @140.18 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 189.57 to 191.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TKO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TKO is up. |
| ChartMill Relative Strength | 89.7 | POSITIVE | TKO has a high relative strength, it outperformed 89.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TKO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TKO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TKO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.12 | NEUTRAL | The RSI value for TKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests TKO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.27 | NEUTRAL | The Stochastics value for TKO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for TKO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.01 | NEGATIVE | The low ADX value for TKO suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 191.30 | 179.99 | 11.31 (5.91%) | 16.91% |
| An entry @191.30. This is a Buy Stop order right above the resistance zone. | An exit @179.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.31 points, which is 5.91%. | When investing 16.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
189.56
-0.58 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.31%
1 Week1.82%
2 Weeks0.38%
1 Month14.46%
3 Month20.12%
6 Month25.84%
12 Month60.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.18
ATR(20)%2.95%
ATR Inc-36.29%
Range Today1.93
ADR(20)5.53
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.7
Mansfield1.55
10 Day High190.28
10 Day Low180
20 Day High194.76
20 Day Low152.29
52 Week High194.76
52 Week Low113.16
CS1 End182.6
CR1 Start189.57
Volume & EV
DER(3)0.01%
DER(5)0.81%
Volume559.10K
Volume Incr-36.91%
Vol(5)658.86K
Vol(50)952.51K