TALEN ENERGY CORP (TLN) Stock Technical Analysis
USA - NASDAQ:TLN - US87422Q1094 - Common Stock
Overall TLN gets a technical rating of 6 out of 10. In the last year, TLN was one of the better performers, but we do observe some doubts in the very recent evolution.
TLN has an average technical rating and also the quality of the setup is only medium 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
362.74
We found 2 important support areas.
- A support zone ranging from 380.68 to 386.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @366.40 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 388.05 to 389.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 397.61 to 413.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 TLN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLN is down. |
| ChartMill Relative Strength | 92.22 | POSITIVE | TLN has a high relative strength, it outperformed 92.22% 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) | 43.49 | NEUTRAL | The RSI value for TLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.5 | NEGATIVE | The MACD value suggests TLN has a negative trend. |
| Stochastics (14,3) | 59.61 | NEUTRAL | The Stochastics value for TLN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for TLN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.24 | NEUTRAL | The ADX value for TLN suggests a possible start of a new trend. |
386.57
+0.64 (+0.17%)
TALEN ENERGY CORP / TLN FAQ
What is the technical rating for TLN stock?
ChartMill assigns a technical rating of 6 / 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 Bullish.
What is the RSI signal for TLN stock?
TALEN ENERGY CORP (TLN) has an RSI value of 43.4946. 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 386.56 and a resistance level at 388.05. Check the full technical report for our detailed analysis of TLN support and resistance levels.