TMD ENERGY LTD (TMDE) Technical Analysis
NYSEARCA:TMDE • KYG889531078
Current stock price
TMDE Technical Rating and Analysis
Overall TMDE gets a technical rating of 4 out of 10. TMDE was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- When comparing the yearly performance of all stocks, TMDE is a bad performer in the overall market: 100% of all stocks are doing better.
- TMDE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 94% of 209 stocks in the same industry do better.
- In the last month TMDE has a been trading in the 1.12 - 4.77 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.
- TMDE has an average volume of 5940390 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.
- Considerably lower volume is observed in the last couple of days.
TMDE Weekly and Daily overview Charts
TMDE Setup Rating and Analysis
TMDE has an average technical rating and the quality of the presented setup is also not ideal 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
TMDE Support and Resistance Analysis
1.22
We found 1 important support area.
- A support zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.35 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
TMDE Technical Indicator Signal Analysis
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) | UP | POSITIVE | The current price of TMDE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMDE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.36 | NEUTRAL | The RSI value for TMDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests TMDE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.76 | OVERSOLD | The low Stochastics value suggests TMDE may be oversold. |
| Average True Range in percent/ATR (20) | 51.77 | HIGH VOLATILITY | The high ATR as a percentage value for TMDE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for TMDE suggests a weak or negative trend. |
TMDE Chart- and CandleStick Pattern Analysis
TMDE Technicals: Chart, Performance Metrics, Trend & Indicators
1.24
-0.1 (-7.46%)
TMD ENERGY LTD / TMDE TA FAQ
What is the ChartMill technical rating of TMD ENERGY LTD (TMDE) stock?
ChartMill assigns a technical rating of 4 / 10 to TMDE.
What is the current trend direction of TMD ENERGY LTD (TMDE) stock?
The current trend direction for TMD ENERGY LTD (TMDE) is Bullish.
What is the RSI signal for TMDE stock?
TMD ENERGY LTD (TMDE) has an RSI value of 45.359. This indicates that the stock is currently neutral.
What is the short term momentum for TMD ENERGY LTD (TMDE) stock?
The short term momentum for TMD ENERGY LTD (TMDE) is negative.
Can you provide the support and resistance levels for TMD ENERGY LTD?
TMD ENERGY LTD (TMDE) has a support level at 1.23 and a resistance level at 1.35. Check the full technical report for our detailed analysis of TMDE support and resistance levels.