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. Although TMET is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: TMET has an average volume of 728 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month TMET has a been trading in the 24.48 - 26.81 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 52% 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 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
21.24
26.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.44 to 25.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.82 from a trend line in the daily time frame.
- A support zone ranging from 22.34 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.15 to 26.71. 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 TMET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMET is up. |
| ChartMill Relative Strength | 52.87 | 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) | 65.78 | NEUTRAL | The RSI value for TMET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TMET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.63 | OVERBOUGHT | The high Stochastics value suggests TMET may be overbought. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for TMET suggests low volalility. |
| Average Directional Index/ADX (14) | 37.56 | 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 (7/28/2025, 11:26:26 AM)
26.0202
-0.31 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.18%
1 Week1.01%
2 Weeks1.19%
1 Month6.13%
3 Month14.13%
6 Month17.31%
12 Month-1.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%1%
ATR Inc-6.82%
Range Today0.19
ADR(20)0.14
ADR(20)%0.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.87
Mansfield-0.58
10 Day High26.81
10 Day Low25.53
20 Day High26.81
20 Day Low24.48
52 Week High30.59
52 Week Low20.9
CS1 End25.03
CR1 Start26.34
Volume & EV
DER(3)0%
DER(5)0.95%
Volume6.94K
Volume Incr120.13%
Vol(5)1.64K
Vol(50)728