TKO GROUP HOLDINGS INC (TKO) Stock Technical Analysis
USA - NYSE:TKO - US87256C1018 - Common Stock
We assign a technical rating of 6 out of 10 to TKO. In the last year, TKO was one of the better performers, but we do observe some doubts in the very recent evolution.
TKO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 186.84, a Stop Loss order could be placed below this zone.
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165.31
When analyzing the support we can see 4 important areas.
- A support zone ranging from 186.15 to 186.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @182.61 from a horizontal line in the daily time frame.
- Support @172.87 from a trend line in the weekly time frame.
- Support @166.98 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 187.61 to 188.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 202.45 to 205.34. 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 | DOWN | NEGATIVE | The short term trend for TKO is down. |
| ChartMill Relative Strength | 88.6 | POSITIVE | TKO has a high relative strength, it outperformed 88.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TKO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TKO is below a declining 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) | 41.3 | NEUTRAL | The RSI value for TKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.79 | NEGATIVE | The MACD value suggests TKO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.76 | OVERSOLD | The low Stochastics value suggests TKO may be oversold. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for TKO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.34 | NEGATIVE | The low ADX value for TKO suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 188.06 | 186.14 | 1.92 (1.02%) | 25.00% |
| An entry @188.06. This is a Buy Stop order right above the resistance zone. | An exit @186.14. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.92 points, which is 1.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
- The distance between exit and entry is rather small compared to the average daily movement of TKO. Please evaluate whether better entry and exit points can be found.
- 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.
186.85
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TKO GROUP HOLDINGS INC / TKO FAQ
Can you provide the ChartMill technical rating for TKO GROUP HOLDINGS INC?
ChartMill assigns a technical rating of 6 / 10 to TKO.
What is the current trend direction of TKO GROUP HOLDINGS INC (TKO) stock?
The current trend direction for TKO GROUP HOLDINGS INC (TKO) is Bullish.
What is the RSI signal for TKO GROUP HOLDINGS INC (TKO) stock?
TKO GROUP HOLDINGS INC (TKO) has an RSI value of 41.296. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TKO GROUP HOLDINGS INC?
The MACD indicator for TKO GROUP HOLDINGS INC (TKO) has a value of -0.791973, indicating a bearish trend.
What is the buy/sell signal for TKO GROUP HOLDINGS INC (TKO) stock?
The buy/sell signal for TKO GROUP HOLDINGS INC (TKO) is hold as the short term and long term trends are mixed.