We assign a technical rating of 6 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. Prices have been consolidating lately. There is a support zone below the current price at 355.53, a Stop Loss order could be placed below this zone.
344.89
2 important support areas can be observed.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for TLN is neutral. |
| ChartMill Relative Strength | 85.78 | POSITIVE | TLN has a high relative strength, it outperformed 85.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TLN is below the rising 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) | 47.7 | NEUTRAL | The RSI value for TLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests TLN has a negative trend. |
| Stochastics (14,3) | 27.75 | NEUTRAL | The Stochastics value for TLN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TLN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.28 | NEGATIVE | The low ADX value for TLN suggests a weak or negative trend. |
370.83
+14.83 (+4.17%)
ChartMill assigns a technical rating of 6 / 10 to TLN.
The current trend direction for TALEN ENERGY CORP (TLN) is Bearish.
TALEN ENERGY CORP (TLN) has an RSI value of 47.7034. This indicates that the stock is currently neutral.
The MACD indicator for TALEN ENERGY CORP (TLN) has a value of -0.800261, indicating a bearish trend.
The short term momentum for TALEN ENERGY CORP (TLN) is neutral.