NYSE:TM - New York Stock Exchange, Inc. - US8923313071 - ADR - Currency: USD
Taking everything into account, TM scores 1 out of 10 in our technical rating. TM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TM has a poor technical rating and the quality of the setup is also not perfect 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.
180.47
We found 1 important support area.
3 important resistance areas can be observed.
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 TM is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TM is neutral. |
ChartMill Relative Strength | 38.06 | NEUTRAL | TM is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TM is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TM is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TM is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.96 | NEUTRAL | The RSI value for TM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests TM has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 42.89 | NEUTRAL | The Stochastics value for TM is a neutral value. |
Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for TM suggests low volalility. |
Average Directional Index/ADX (14) | 11.51 | NEGATIVE | The low ADX value for TM suggests a weak or negative trend. |
190.57
+4.46 (+2.4%)