We assign a technical rating of 10 out of 10 to TMCWW. TMCWW has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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
0.76
4 important support areas can be observed.
- Support @0.93 from a trend line in the weekly time frame.
- Support @0.89 from a trend line in the weekly time frame.
- Support @0.81 from a trend line in the daily time frame.
- Support @0.77 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.58 to 1.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 99.94 | POSITIVE | TMCWW has a high relative strength, it outperformed 99.94% 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 | 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) | 50.01 | NEUTRAL | The RSI value for TMCWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TMCWW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.06 | NEUTRAL | The Stochastics value for TMCWW is a neutral value. |
| Average True Range in percent/ATR (20) | 18.97 | HIGH VOLATILITY | The high ATR as a percentage value for TMCWW suggests high volalility. |
| Average Directional Index/ADX (14) | 19.92 | NEGATIVE | The low ADX value for TMCWW suggests a weak or negative trend. |
1.38
-0.22 (-13.75%)
TMC THE METALS CO INC -CW25I / TMCWW FAQ
What is the technical rating for TMCWW stock?
ChartMill assigns a technical rating of 10 / 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 Bullish.
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 50.0124. 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 positive.
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 buy as both the short term and long term trends are positive.