TKWY Technical Analysis - JUST EAT TAKEAWAY

Technical Rating and Analysis

We assign a technical rating of 5 out of 10 to TKWY. In the last year, TKWY was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.

Looking at the yearly performance, TKWY did better than 93% of all other stocks.

TKWY is part of the Hotels, Restaurants & Leisure industry. There are 62 other stocks in this industry. TKWY outperforms 93% of them.

TKWY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month TKWY has a been trading in a tight range between 19.40 and 20.32.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

JUST EAT TAKEAWAY / TKWY Weekly stock chart

JUST EAT TAKEAWAY / TKWY Daily stock chart

Setup Rating and Analysis

TKWY has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

18.63

20.48

When analyzing the support we notice one important area.

A support zone ranging from 18.82 to 19.49. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 19.98 to 20.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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	UP	POSITIVE	The long term trend for TKWY.AS is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for TKWY.AS is neutral.
ChartMill Relative Strength	93.26	POSITIVE	TKWY.AS has a high relative strength, it outperformed 93.26% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of TKWY.AS is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of TKWY.AS is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of TKWY.AS is above the rising SMA(200).
Relative Strength Index/RSI (14)	9.47	OVERSOLD	The low RSI value suggests TKWY.AS may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.07	NEGATIVE	The MACD value suggests TKWY.AS has a negative trend.
Stochastics (14,3)	44.57	NEUTRAL	The Stochastics value for TKWY.AS is a neutral value.
Average True Range in percent/ATR (20)	0.75	LOW VOLATILITY	The low ATR as a percentage value for TKWY.AS suggests low volalility.
Average Directional Index/ADX (14)	34.48	POSITIVE	The high ADX value value for TKWY.AS suggests a strong trend.