NYSEARCA:TMDE - NYSE Arca - KYG889531078 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TMDE. In the last year, TMDE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of TMDE is bad and it also does not present a 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.
1.09
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 TMDE is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMDE is down. |
ChartMill Relative Strength | 0 | NEGATIVE | TMDE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMDE is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TMDE is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 43.05 | NEUTRAL | The RSI value for TMDE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TMDE has a negative trend. |
Stochastics (14,3) | 10.9 | OVERSOLD | The low Stochastics value suggests TMDE may be oversold. |
Average True Range in percent/ATR (20) | 20.07 | HIGH VOLATILITY | The high ATR as a percentage value for TMDE suggests high volalility. |
Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for TMDE suggests a weak or negative trend. |
1.1
-0.05 (-4.35%)