TKR Technical Analysis - TIMKEN CO

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to TKR. In the last year, TKR was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

76% of all other stocks performed better in the past year than TKR.

In the last month TKR has a been trading in the 74.11 - 79.78 range, which is quite wide. It is currently trading near the lows of this range.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

TKR is an average performer in the Machinery industry, it outperforms 42% of 129 stocks in the same industry.

TKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TKR is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, TKR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 74.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TKR in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

72.77

86.11

We found 1 important support area.

A support zone ranging from 73.50 to 74.20. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 5 important resistance areas.

A resistance zone ranging from 76.18 to 77.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 79.25 to 80.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 81.66 to 81.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @83.15 from a horizontal line in the weekly time frame.
Resistance @85.26 from a horizontal line in the weekly time frame.

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What is Support and Resistance

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Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for TKR is down.
ChartMill Relative Strength	24.16	NEGATIVE	TKR has a low relative strength, it was outperformed by 75.84% 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)	DOWN	NEGATIVE	The current price of TKR is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of TKR is above a declining SMA(200).
Relative Strength Index/RSI (14)	45.53	NEUTRAL	The RSI value for TKR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.32	NEGATIVE	The MACD value suggests TKR has a negative trend, although the MACD value is rising.
Stochastics (14,3)	10.36	OVERSOLD	The low Stochastics value suggests TKR may be oversold.
Average True Range in percent/ATR (20)	2.45	MEDIUM VOLATILITY	The ATR as a percentage value for TKR suggests some volalility.
Average Directional Index/ADX (14)	12.97	NEGATIVE	The low ADX value for TKR suggests a weak or negative trend.