TMC THE METALS CO INC (TMC) Stock Technical Analysis
USA - NASDAQ:TMC - CA87261Y1060 - Common Stock
6.32 USD
+0.55 (+9.53%)
6.41 USD
+0.09 (+1.42%)
Taking everything into account, TMC scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TMC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TMC is one of the better performing stocks in the market, outperforming 98% of all stocks.
TMC is one of the better performing stocks in the Metals & Mining industry, it outperforms 98% of 156 stocks in the same industry.
In the last month TMC has a been trading in the 4.90 - 6.44 range, which is quite wide. It is currently trading near the high of this range.
TMC has an average volume of 9720220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TMC has an excellent technical rating, it does not present a decent entry opportunity 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
5.18
6.38
2 important support areas can be observed.
- A support zone ranging from 5.43 to 5.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.23 from a trend line in the daily time frame.
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 TMC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMC is up. |
| ChartMill Relative Strength | 98.8 | POSITIVE | TMC has a high relative strength, it outperformed 98.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TMC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.2 | NEUTRAL | The RSI value for TMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests TMC has a positive trend. |
| Stochastics (14,3) | 81 | OVERBOUGHT | The high Stochastics value suggests TMC may be overbought. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for TMC suggests high volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for TMC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
6.32
+0.55 (+9.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg9.53%
1 Week11.46%
2 Weeks21.54%
1 Month24.9%
3 Month-7.2%
6 Month267.44%
12 Month501.91%
2 Year537.61%
3 Year501.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%6.26%
ATR Inc48.86%
Range Today0.64
ADR(20)0.38
ADR(20)%6.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.8
Mansfield8.51
10 Day High6.44
10 Day Low5.04
20 Day High6.44
20 Day Low4.9
52 Week High8.63
52 Week Low0.72
CS1 End5.45
CR1 StartN/A
Volume & EV
DER(3)2.53%
DER(5)2.82%
Volume12.09M
Volume Incr5.72%
Vol(5)8.19M
Vol(50)9.72M