TKO GROUP HOLDINGS INC (TKO) Technical Analysis
NYSE:TKO • US87256C1018
Overall TKO gets a technical rating of 6 out of 10. In the last year, TKO was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month TKO has a been trading in the 197.54 - 226.94 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Looking at the yearly performance, TKO did better than 81% of all other stocks. We also observe that the gains produced by TKO over the past year are nicely spread over this period.
- TKO is one of the better performing stocks in the Entertainment industry, it outperforms 74% of 80 stocks in the same industry.
- TKO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TKO is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although the technical rating is only medium, TKO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 199.09, a Stop Loss order could be placed below this zone.
More info and screens
174.72
2 important support areas can be observed.
- A support zone ranging from 196.88 to 199.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 176.48 to 178.16. 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 | 81.47 | POSITIVE | TKO has a high relative strength, it outperformed 81.47% 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) | 42.9 | NEUTRAL | The RSI value for TKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.77 | NEGATIVE | The MACD value suggests TKO has a negative trend. |
| Stochastics (14,3) | 21.61 | NEUTRAL | The Stochastics value for TKO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for TKO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.28 | 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 |
|---|---|---|---|
| 213.50 | 197.53 | 15.97 (7.48%) | 13.37% |
| An entry @213.50. This is a Buy Stop order right above the 10 day moving average. | An exit @197.53. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 15.97 points, which is 7.48%. | When investing 13.37% 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.
TKO Technicals: Chart, Performance Metrics, Trend & Indicators
202.03
-3.55 (-1.73%)
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.
Can you provide the trend direction for TKO GROUP HOLDINGS INC?
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 42.896. This indicates that the stock is currently neutral.
What is the buy/sell signal for TKO stock?
The buy/sell signal for TKO GROUP HOLDINGS INC (TKO) is hold as the short term and long term trends are mixed.
What is the support and resistance level for TKO stock?
TKO GROUP HOLDINGS INC (TKO) has a support level at 199.09. Check the full technical report for our detailed analysis of TKO support and resistance levels.