TIMKEN CO (TKR) Stock Technical Analysis
NYSE:TKR - New York Stock Exchange, Inc. - US8873891043 - Common Stock - Currency: USD
Overall TKR gets a technical rating of 4 out of 10. In the past year, TKR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, TKR is a bad performer in the overall market: 77% of all stocks are doing better.
TKR is one of the lesser performing stocks in the Machinery industry. 61% of 128 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TKR has a been trading in the 67.14 - 73.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TKR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TKR is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
TKR 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. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
67.78
86.11
When analyzing the support we notice one important area.
- Support @68.46 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 70.77 to 71.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 72.60 to 73.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 80.23 to 80.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 84.97 to 85.26. 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 TKR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TKR is up. |
| ChartMill Relative Strength | 23.75 | NEGATIVE | TKR has a low relative strength, it was outperformed by 76.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TKR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TKR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TKR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.38 | NEUTRAL | The RSI value for TKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TKR has a negative trend. |
| Stochastics (14,3) | 68.9 | NEUTRAL | The Stochastics value for TKR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for TKR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.28 | NEGATIVE | The low ADX value for TKR 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)
70.68
-1.38 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.92%
1 Week-1.55%
2 Weeks3.2%
1 Month-2.5%
3 Month-5.14%
6 Month-6.38%
12 Month-12.36%
2 Year-22.78%
3 Year33.23%
5 Year55.37%
10 Year93.27%
15 Year171.95%
Volatility
ATR(14)1.6
ATR(20)%2.31%
ATR Inc-9.25%
Range Today1.34
ADR(20)1.51
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.75
Mansfield-1.18
10 Day High73.7
10 Day Low67.14
20 Day High73.95
20 Day Low67.14
52 Week High90.49
52 Week Low56.2
CS1 End68.46
CR1 Start70.77
Volume & EV
DER(3)-0.73%
DER(5)0.68%
Volume351.40K
Volume Incr-20.87%
Vol(5)436.42K
Vol(50)692.10K