TMC THE METALS CO INC -CW25I (TMCWW) Stock Technical Analysis
NASDAQ:TMCWW - Nasdaq - - Currency: USD
We assign a technical rating of 8 out of 10 to TMCWW. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month TMCWW has a been trading in the 1.15 - 2.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, TMCWW did better than 99% of all other stocks. On top of that, TMCWW also shows a nice and consistent pattern of rising prices.
TMCWW has an average volume of 1666440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
TMCWW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TMCWW is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
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
1.49
1.52
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 | DOWN | NEGATIVE | The short term trend for TMCWW is down. |
| ChartMill Relative Strength | 99.77 | POSITIVE | TMCWW has a high relative strength, it outperformed 99.77% 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 | 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) | 46.64 | NEUTRAL | The RSI value for TMCWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TMCWW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.96 | OVERSOLD | The low Stochastics value suggests TMCWW may be oversold. |
| Average True Range in percent/ATR (20) | 17.1 | HIGH VOLATILITY | The high ATR as a percentage value for TMCWW suggests high volalility. |
| Average Directional Index/ADX (14) | 31.83 | 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)
1.5
+0.23 (+18.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg18.18%
1 Week-27.88%
2 Weeks-26.83%
1 Month-10.18%
3 Month168.43%
6 Month895.36%
12 Month1229.79%
2 Year971.43%
3 Year782.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%17.1%
ATR Inc33.17%
Range Today0.35
ADR(20)0.24
ADR(20)%16.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.77
Mansfield21.91
10 Day High2.29
10 Day Low1.15
20 Day High2.29
20 Day Low1.15
52 Week High2.29
52 Week Low0.04
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-7.21%
DER(5)-7.44%
Volume439.00K
Volume Incr-75.43%
Vol(5)256.50K
Vol(50)1.67M