Talisman Energy Inc. (TLM) Stock Technical Analysis
NYSE:TLM - New York Stock Exchange, Inc. - CA87425E1034
Overall TLM gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TLM is a bad performer.
78% of all other stocks performed better in the past year than TLM.
The long and short term trends are both positive. This is looking good!
TLM has an average volume of 9743340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TLM 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 TLM is lagging the market slightly.
In the last month TLM has a been trading in a tight range between 7.83 and 8.00.
TLM has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.36
11.83
We found 3 important support areas.
- A support zone ranging from 7.92 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.70 to 7.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.43 to 7.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.00 to 8.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.22 from a trend line in the weekly time frame.
- Resistance @11.71 from a trend line in the weekly time frame.
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 TLM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TLM is up. |
| ChartMill Relative Strength | 22.55 | NEGATIVE | TLM has a low relative strength, it was outperformed by 77.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TLM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TLM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TLM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.59 | NEUTRAL | The RSI value for TLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TLM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.59 | OVERBOUGHT | The high Stochastics value suggests TLM may be overbought. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for TLM suggests low volalility. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.04 | 7.91 | 0.13 (1.62%) | 25.00% |
| An entry @8.04. This is a Buy Stop order right above the resistance zone. | An exit @7.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.13 points, which is 1.62%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.40%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.99
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.25%
2 Weeks1.4%
1 Month1.27%
3 Month5.55%
6 Month38%
12 Month-22.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.54%
ATR Inc-55.56%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.55
Mansfield-0.77
10 Day High8
10 Day Low7.85
20 Day High8
20 Day Low7.83
52 Week High11.22
52 Week Low3.46
CS1 End7.94
CR1 Start8
Volume & EV
DER(3)-4.85%
DER(5)-3.21%
Volume23.30M
Volume Incr8.87%
Vol(5)10.99M
Vol(50)9.74M