TKO GROUP HOLDINGS INC (TKO) Stock Technical Analysis
NYSE:TKO - New York Stock Exchange, Inc. - US87256C1018 - Common Stock - Currency: USD
Taking everything into account, TKO scores 2 out of 10 in our technical rating. TKO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month TKO has a been trading in the 152.29 - 176.51 range, which is quite wide. It is currently trading near the lows of this range.
TKO is part of the Entertainment industry. There are 73 other stocks in this industry. TKO outperforms 70% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that TKO is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
TKO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TKO is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of TKO 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.
More info and screens
133.60
183.78
When analyzing the support we can see 3 important areas.
- Support @160.68 from a trend line in the weekly time frame.
- A support zone ranging from 138.95 to 142.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @134.95 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 165.59 to 168.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 179.36 to 181.96. 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 | NEUTRAL | NEUTRAL | The long term trend for TKO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TKO is down. |
| ChartMill Relative Strength | 78.41 | POSITIVE | TKO has a high relative strength, it outperformed 78.41% 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) | UP | MIXED | The current price of TKO is below 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) | 38.81 | NEUTRAL | The RSI value for TKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.19 | NEGATIVE | The MACD value suggests TKO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.22 | NEUTRAL | The Stochastics value for TKO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for TKO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.18 | POSITIVE | The high ADX value value for TKO suggests a strong 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)
160.74
+5.13 (+3.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg3.3%
1 Week-4.33%
2 Weeks-4.32%
1 Month-7.03%
3 Month0.68%
6 Month-3.38%
12 Month36.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.49
ATR(20)%2.85%
ATR Inc235.57%
Range Today9.39
ADR(20)4.57
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.41
Mansfield0.18
10 Day High171.05
10 Day Low152.29
20 Day High176.51
20 Day Low152.29
52 Week High182.6
52 Week Low113.16
CS1 End160.68
CR1 Start165.59
Volume & EV
DER(3)-0.7%
DER(5)-0.05%
Volume1.91M
Volume Incr81.31%
Vol(5)1.33M
Vol(50)905.57K