TANDY LEATHER FACTORY INC (TLF) Stock Technical Analysis
NASDAQ:TLF - Nasdaq - US87538X1054 - Common Stock - Currency: USD
Taking everything into account, TLF scores 3 out of 10 in our technical rating. In the past year, TLF 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
82% of all other stocks performed better in the past year than TLF.
TLF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TLF is lagging the market.
Warning: TLF has an average volume of 16684 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
TLF is an average performer in the Specialty Retail industry, it outperforms 44% of 121 stocks in the same industry.
In the last month TLF has a been trading in the 2.89 - 3.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TLF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TLF 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.
More info and screens
2.70
3.27
We found 3 important support areas.
- A support zone ranging from 2.91 to 2.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.80 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.73 to 2.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.09 to 3.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.24 to 3.24. 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 | DOWN | NEGATIVE | The long term trend for TLF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TLF is neutral. |
| ChartMill Relative Strength | 18.42 | NEGATIVE | TLF has a low relative strength, it was outperformed by 81.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TLF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TLF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TLF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.91 | NEUTRAL | The RSI value for TLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TLF has a negative trend. |
| Stochastics (14,3) | 5.88 | OVERSOLD | The low Stochastics value suggests TLF may be oversold. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for TLF suggests high volalility. |
| Average Directional Index/ADX (14) | 39.22 | POSITIVE | The high ADX value value for TLF 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)
NASDAQ:TLF (6/20/2025, 8:00:31 PM)
3.01
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0%
1 Week-2.36%
2 Weeks-1.31%
1 Month1.69%
3 Month1.69%
6 Month-37.16%
12 Month-30.65%
2 Year-28.67%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%5.35%
ATR Inc-20.21%
Range Today0.18
ADR(20)0.16
ADR(20)%5.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.42
Mansfield-2.6
10 Day High3.42
10 Day Low2.99
20 Day High3.47
20 Day Low2.89
52 Week High5.48
52 Week Low2.69
CS1 End2.94
CR1 Start3.09
Volume & EV
DER(3)29.53%
DER(5)7.54%
Volume8.10K
Volume Incr-62.87%
Vol(5)9.56K
Vol(50)16.68K