TALEN ENERGY CORP (TLN) Technical Analysis
NASDAQ:TLN • US87422Q1094
Current stock price
TLN Technical Rating and Analysis
We assign a technical rating of 3 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, we notice that TLN is one of the better performing stocks in the market, outperforming 84% of all stocks.
- TLN is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 63% of 20 stocks in the same industry.
- TLN 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 TLN is lagging the market slightly.
- In the last month TLN has a been trading in the 301.45 - 345.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TLN Weekly and Daily overview Charts
TLN Setup Rating and Analysis
TLN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 340.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 305.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TLN 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
TLN Support and Resistance Analysis
299.93
We found 1 important support area.
- A support zone ranging from 302.96 to 305.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 340.08 to 345.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 364.81 to 365.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @390.68 from a horizontal line in the daily time frame.
- Resistance @398.20 from a trend line in the daily time frame.
- Resistance @407.81 from a horizontal line in the daily time frame.
TLN 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 | DOWN | NEGATIVE | The long term trend for TLN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLN is down. |
| ChartMill Relative Strength | 84.97 | POSITIVE | TLN has a high relative strength, it outperformed 84.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TLN is above 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 | MIXED | The current price of TLN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.24 | NEUTRAL | The RSI value for TLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.04 | POSITIVE | The MACD value suggests TLN has a positive trend. |
| Stochastics (14,3) | 53.63 | NEUTRAL | The Stochastics value for TLN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for TLN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.95 | NEGATIVE | The low ADX value for TLN suggests a weak or negative trend. |
TLN Chart- and CandleStick Pattern Analysis
TLN Technicals: Chart, Performance Metrics, Trend & Indicators
327.58
-0.5 (-0.15%)
TALEN ENERGY CORP / TLN TA FAQ
What is the technical rating for TLN stock?
ChartMill assigns a technical rating of 3 / 10 to TLN.
Can you provide the trend direction for TALEN ENERGY CORP?
The current trend direction for TALEN ENERGY CORP (TLN) is Bearish.
What is the RSI signal for TALEN ENERGY CORP (TLN) stock?
TALEN ENERGY CORP (TLN) has an RSI value of 48.2392. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TALEN ENERGY CORP?
The MACD indicator for TALEN ENERGY CORP (TLN) has a value of 2.03524, indicating a bullish trend.
Can you provide the support and resistance levels for TALEN ENERGY CORP?
TALEN ENERGY CORP (TLN) has a support level at 305.03 and a resistance level at 340.08. Check the full technical report for our detailed analysis of TLN support and resistance levels.