Overall TMC gets a technical rating of 10 out of 10. 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.
Looking at the yearly performance, TMC did better than 98% of all other stocks. We also observe that the gains produced by TMC over the past year are nicely spread over this period.
TMC is one of the better performing stocks in the Metals & Mining industry, it outperforms 98% of 154 stocks in the same industry.
A new 52 week high is currently being made by TMC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so TMC is leading the market.
In the last month TMC has a been trading in the 2.32 - 4.63 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TMC has an average volume of 8820260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.