We assign a technical rating of 2 out of 10 to TLS. Although TLS 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 bad, TLS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.29. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TLS in the last couple of days, which is a good sign.
1.98
4 important support areas can be observed.
We found 1 important resistance area.
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 TLS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLS is down. |
| ChartMill Relative Strength | 81.69 | POSITIVE | TLS has a high relative strength, it outperformed 81.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TLS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.23 | NEUTRAL | The RSI value for TLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TLS has a positive trend. |
| Stochastics (14,3) | 37 | NEUTRAL | The Stochastics value for TLS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for TLS suggests high volalility. |
| Average Directional Index/ADX (14) | 8.82 | NEGATIVE | The low ADX value for TLS suggests a weak or negative trend. |
5.29
-0.02 (-0.38%)
ChartMill assigns a technical rating of 2 / 10 to TLS.
The current trend direction for TELOS CORPORATION (TLS) is Bearish.
TELOS CORPORATION (TLS) has an RSI value of 46.2251. This indicates that the stock is currently neutral.
The MACD indicator for TELOS CORPORATION (TLS) has a value of 0.0483885, indicating a bearish trend.
The short term momentum for TELOS CORPORATION (TLS) is negative.