TMC THE METALS CO INC -CW25I (TMCWW) Stock Technical Analysis
NASDAQ:TMCWW - Nasdaq - - Currency: USD
We assign a technical rating of 10 out of 10 to TMCWW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TMCWW 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, TMCWW did better than 99% of all other stocks. We also observe that the gains produced by TMCWW over the past year are nicely spread over this period.
A new 52 week high is currently being made by TMCWW, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so TMCWW is leading the market.
In the last month TMCWW has a been trading in the 0.51 - 1.10 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TMCWW has an excellent technical rating, it 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.
More info and screens
0.62
1.06
When analyzing the support we notice one important area.
- Support @0.63 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 TMCWW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMCWW is up. |
| ChartMill Relative Strength | 99.67 | POSITIVE | TMCWW has a high relative strength, it outperformed 99.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMCWW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMCWW is above 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) | 73.05 | OVERBOUGHT | The high RSI value suggests TMCWW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TMCWW has a positive trend. |
| Stochastics (14,3) | 83.68 | OVERBOUGHT | The high Stochastics value suggests TMCWW may be overbought. |
| Average True Range in percent/ATR (20) | 11.47 | HIGH VOLATILITY | The high ATR as a percentage value for TMCWW suggests high volalility. |
| Average Directional Index/ADX (14) | 44.17 | POSITIVE | The high ADX value value for TMCWW suggests a strong 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)
1.05
+0.08 (+8.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg8.24%
1 Week40.02%
2 Weeks77.97%
1 Month65.75%
3 Month356.52%
6 Month1481.33%
12 Month483.33%
2 Year1469.51%
3 Year320%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%11.47%
ATR Inc31.8%
Range Today0.17
ADR(20)0.11
ADR(20)%10.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.67
Mansfield40.74
10 Day High1.1
10 Day Low0.55
20 Day High1.1
20 Day Low0.51
52 Week High1.1
52 Week Low0.04
CS1 End0.63
CR1 StartN/A
Volume & EV
DER(3)5.2%
DER(5)0.27%
Volume159.20K
Volume Incr25.72%
Vol(5)179.22K
Vol(50)127.85K