We assign a technical rating of 4 out of 10 to TLN. Although TLN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, TLN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 354.23, a Stop Loss order could be placed below this zone.
More info and screens
350.69
We found 1 important support area.
- A support zone ranging from 354.23 to 354.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @355.53 from a horizontal line in the daily time frame.
- A resistance zone ranging from 374.45 to 379.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @387.11 from a trend line in the daily time frame.
- A resistance zone ranging from 394.28 to 397.10. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for TLN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLN is down. |
| ChartMill Relative Strength | 87.69 | POSITIVE | TLN has a high relative strength, it outperformed 87.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TLN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.14 | NEUTRAL | The RSI value for TLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests TLN has a negative trend. |
| Stochastics (14,3) | 27.48 | NEUTRAL | The Stochastics value for TLN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for TLN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for TLN suggests a weak or negative trend. |
354.24
-13.69 (-3.72%)
TALEN ENERGY CORP / TLN FAQ
What is the technical rating for TLN stock?
ChartMill assigns a technical rating of 4 / 10 to TLN.
What is the current trend direction of TALEN ENERGY CORP (TLN) stock?
The current trend direction for TALEN ENERGY CORP (TLN) is Bearish.
What is the RSI signal for TLN stock?
TALEN ENERGY CORP (TLN) has an RSI value of 39.1354. This indicates that the stock is currently neutral.
What is the short term momentum for TALEN ENERGY CORP (TLN) stock?
The short term momentum for TALEN ENERGY CORP (TLN) is negative.
What is the support and resistance level for TLN stock?
TALEN ENERGY CORP (TLN) has a support level at 354.23 and a resistance level at 355.53. Check the full technical report for our detailed analysis of TLN support and resistance levels.