ISHARES TE METALS ETF (TMET) Stock Technical Analysis
NASDAQ:TMET - Nasdaq - US46431W5159 - ETF - Currency: USD
Overall TMET gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TMET is only an average performer.
Warning: TMET has an average volume of 676 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month TMET has a been trading in the 24.27 - 26.55 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, TMET outperforms 55% of them, which is more or less in line with the market.
TMET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMET is lagging the market.
Volume is considerably higher in the last couple of days.
Although TMET has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.24
27.08
6 important support areas can be observed.
- A support zone ranging from 26.55 to 26.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.68 to 24.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.74 from a trend line in the daily time frame.
- A support zone ranging from 22.70 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.34 from a horizontal line in the daily time frame.
- A support zone ranging from 21.45 to 21.48. This zone is formed by a combination of multiple trend lines 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 TMET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMET is up. |
| ChartMill Relative Strength | 55.5 | NEUTRAL | TMET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TMET is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.55 | OVERBOUGHT | The high RSI value suggests TMET may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TMET has a positive trend. |
| Stochastics (14,3) | 99.69 | OVERBOUGHT | The high Stochastics value suggests TMET may be overbought. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for TMET suggests low volalility. |
| Average Directional Index/ADX (14) | 36.02 | POSITIVE | The high ADX value value for TMET 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)
NASDAQ:TMET (7/23/2025, 10:34:46 AM)
26.81
+0.26 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.98%
1 Week3.45%
2 Weeks4.76%
1 Month8.92%
3 Month15.06%
6 Month18.27%
12 Month-0.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%0.98%
ATR Inc-9.39%
Range Today0.02
ADR(20)0.11
ADR(20)%0.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.5
Mansfield-0.38
10 Day High26.55
10 Day Low25.43
20 Day High26.55
20 Day Low24.27
52 Week High30.59
52 Week Low20.9
CS1 End24.86
CR1 Start26.55
Volume & EV
DER(3)1.59%
DER(5)8.95%
Volume225
Volume Incr240.35%
Vol(5)1.94K
Vol(50)676