TALEN ENERGY CORP (TLN) Technical Analysis
NASDAQ:TLN • US87422Q1094
Current stock price
TLN Technical Rating and Analysis
Taking everything into account, TLN scores 7 out of 10 in our technical rating. In the last year, TLN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- TLN is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry. TLN outperforms 89% of them.
- In the last month TLN has a been trading in the 310.98 - 383.82 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that TLN is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- TLN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TLN is lagging the market.
TLN Weekly and Daily overview Charts
TLN Setup Rating and Analysis
Although TLN has an excellent technical rating, the quality of the presented setup is 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
TLN Support and Resistance Analysis
315.22
We found 2 important support areas.
- A support zone ranging from 346.10 to 355.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 318.40 to 329.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @372.17 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 390.33 to 390.68. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for TLN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TLN is up. |
| ChartMill Relative Strength | 85.88 | POSITIVE | TLN has a high relative strength, it outperformed 85.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TLN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TLN is above 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) | 59.91 | NEUTRAL | The RSI value for TLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.02 | POSITIVE | The MACD value suggests TLN has a positive trend. |
| Stochastics (14,3) | 80.44 | OVERBOUGHT | The high Stochastics value suggests TLN may be overbought. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for TLN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.43 | 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
372.16
-0.26 (-0.07%)
TALEN ENERGY CORP / TLN TA FAQ
What is the technical rating for TLN stock?
ChartMill assigns a technical rating of 7 / 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 59.9066. 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 3.02016, 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 355.22 and a resistance level at 372.17. Check the full technical report for our detailed analysis of TLN support and resistance levels.