TMC THE METALS CO INC -CW25I (TMCWW) Stock Technical Analysis
USA - NASDAQ:TMCWW -
Taking everything into account, TMCWW scores 5 out of 10 in our technical rating. Although TMCWW 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.
TMCWW has an average technical rating and the quality of the presented setup is also not ideal 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
0.72
2 important support areas can be observed.
- Support @0.84 from a horizontal line in the weekly time frame.
- Support @0.73 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 | DOWN | NEGATIVE | The long term trend for TMCWW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMCWW is down. |
| ChartMill Relative Strength | 99.82 | POSITIVE | TMCWW has a high relative strength, it outperformed 99.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMCWW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TMCWW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMCWW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.03 | NEUTRAL | The RSI value for TMCWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TMCWW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.07 | OVERSOLD | The low Stochastics value suggests TMCWW may be oversold. |
| Average True Range in percent/ATR (20) | 19.3 | HIGH VOLATILITY | The high ATR as a percentage value for TMCWW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.61 | NEGATIVE | The low ADX value for TMCWW suggests a weak or negative trend. |
0.97
+0.22 (+30.2%)
TMC THE METALS CO INC -CW25I / TMCWW FAQ
What is the technical rating for TMCWW stock?
ChartMill assigns a technical rating of 5 / 10 to TMCWW.
Can you provide the trend direction for TMC THE METALS CO INC -CW25I?
The current trend direction for TMC THE METALS CO INC -CW25I (TMCWW) is Bearish.
Can you provide the RSI signal for TMC THE METALS CO INC -CW25I?
TMC THE METALS CO INC -CW25I (TMCWW) has an RSI value of 42.0277. This indicates that the stock is currently neutral.
What is the short term momentum for TMCWW stock?
The short term momentum for TMC THE METALS CO INC -CW25I (TMCWW) is negative.
Can you provide the buy/sell signal for TMC THE METALS CO INC -CW25I?
The buy/sell signal for TMC THE METALS CO INC -CW25I (TMCWW) is sell as both the short term and long term trends are negative.