LONDON TUNNELS PLC/THE (TLT.AS) Stock Technical Analysis
AMS:TLT - Euronext Amsterdam - GB00BS28ZN53 - Common Stock - Currency: GBP
Taking everything into account, TLT scores 4 out of 10 in our technical rating. In the last year, TLT was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, TLT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.16, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.11 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.98 to 2.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.16 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TLT.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TLT.AS is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TLT.AS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TLT.AS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TLT.AS is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 54.04 | NEUTRAL | The RSI value for TLT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TLT.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests TLT.AS may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for TLT.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 83.12 | POSITIVE | The high ADX value value for TLT.AS suggests a strong trend. |
AMS:TLT (5/29/2025, 7:00:00 PM)
2.16
0 (0%)