USA - NASDAQ:TMC - CA87261Y1060 - Common Stock
We assign a technical rating of 5 out of 10 to TMC. Although TMC 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.
TMC has an average technical rating and it also does not offer a high quality setup 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.
5.32
2 important support 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 TMC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMC is down. |
| ChartMill Relative Strength | 98.99 | POSITIVE | TMC has a high relative strength, it outperformed 98.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TMC is below the rising 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) | 35.74 | NEUTRAL | The RSI value for TMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests TMC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.81 | OVERSOLD | The low Stochastics value suggests TMC may be oversold. |
| Average True Range in percent/ATR (20) | 12.61 | HIGH VOLATILITY | The high ATR as a percentage value for TMC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.2 | NEUTRAL | The ADX value for TMC suggests a possible start of a new trend. |
5.73
+0.2 (+3.62%)
ChartMill assigns a technical rating of 5 / 10 to TMC.
The current trend direction for TMC THE METALS CO INC (TMC) is Bearish.
TMC THE METALS CO INC (TMC) has an RSI value of 35.7376. This indicates that the stock is currently neutral.
The short term momentum for TMC THE METALS CO INC (TMC) is negative.
TMC THE METALS CO INC (TMC) has a support level at 5.52. Check the full technical report for our detailed analysis of TMC support and resistance levels.