TLIH Technical Analysis - TEN-LEAGUE INTERNATIONAL HLD

Technical Rating and Analysis

Overall TLIH gets a technical rating of 2 out of 10. In the last year, TLIH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, TLIH is a bad performer in the overall market: 100% of all stocks are doing better.

TLIH is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry, of which 93% are performing better than TLIH.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

In the last month TLIH has a been trading in the 0.48 - 0.65 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

TEN-LEAGUE INTERNATIONAL HLD / TLIH Weekly stock chart

TEN-LEAGUE INTERNATIONAL HLD / TLIH Daily stock chart

Setup Rating and Analysis

TLIH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.57

0.64

When analyzing the support we notice one important area.

A support zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @0.62 from a trend line in the daily time frame.
Resistance @0.63 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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 TLIH is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TLIH is down.
ChartMill Relative Strength	0	NEGATIVE	TLIH has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of TLIH is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of TLIH is below a declining SMA(50).
Relative Strength Index/RSI (14)	36.44	NEUTRAL	The RSI value for TLIH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.03	POSITIVE	The MACD value suggests TLIH has a positive trend, although the MACD value is declining.
Stochastics (14,3)	63.19	NEUTRAL	The Stochastics value for TLIH is a neutral value.
Average True Range in percent/ATR (20)	7.77	HIGH VOLATILITY	The high ATR as a percentage value for TLIH suggests high volalility.
Average Directional Index/ADX (14)	22.74	NEUTRAL	The ADX value for TLIH suggests a possible start of a new trend.