We assign a technical rating of 0 out of 10 to TMDE. TMDE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
TMDE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.63
2 important resistance areas can be observed.
- A resistance zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.72 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 TMDE is down. |
| 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) | 37.27 | NEUTRAL | The RSI value for TMDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TMDE has a negative trend. |
| Stochastics (14,3) | 13.59 | OVERSOLD | The low Stochastics value suggests TMDE may be oversold. |
| Average True Range in percent/ATR (20) | 9.58 | HIGH VOLATILITY | The high ATR as a percentage value for TMDE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.47 | NEGATIVE | The low ADX value for TMDE suggests a weak or negative trend. |
0.6356
+0 (+0.54%)
TMD ENERGY LTD / TMDE FAQ
Can you provide the ChartMill technical rating for TMD ENERGY LTD?
ChartMill assigns a technical rating of 0 / 10 to TMDE.
Can you provide the trend direction for TMD ENERGY LTD?
The current trend direction for TMD ENERGY LTD (TMDE) is Bearish.
What is the RSI signal for TMDE stock?
TMD ENERGY LTD (TMDE) has an RSI value of 37.274. This indicates that the stock is currently neutral.
What is the MACD signal for TMD ENERGY LTD (TMDE) stock?
The MACD indicator for TMD ENERGY LTD (TMDE) has a value of -0.00364873, indicating a bearish trend.
What is the short term momentum for TMDE stock?
The short term momentum for TMD ENERGY LTD (TMDE) is negative.