THERMAL ENERGY INTL INC (TMG.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:TMG • CA88346B1031
We assign a technical rating of 8 out of 10 to TMG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TMG is only an average performer.
- The long and short term trends are both positive. This is looking good!
- TMG is one of the better performing stocks in the Machinery industry, it outperforms 81% of 23 stocks in the same industry.
- TMG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TMG is lagging the market slightly.
- When comparing the performance of all stocks over the past year, TMG turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
- In the last month TMG has a been trading in the 0.14 - 0.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although TMG 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
0.12
We found 3 important support areas.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.19 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for TMG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMG.CA is up. |
| ChartMill Relative Strength | 68.64 | NEUTRAL | TMG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.35 | NEUTRAL | The RSI value for TMG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TMG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.89 | NEUTRAL | The Stochastics value for TMG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.4 | HIGH VOLATILITY | The high ATR as a percentage value for TMG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.42 | POSITIVE | The high ADX value value for TMG.CA suggests a strong trend. |
TSX-V:TMG (2/5/2026, 7:00:00 PM)
0.17
0 (-2.86%)
THERMAL ENERGY INTL INC / TMG.CA FAQ
What is the ChartMill technical rating of THERMAL ENERGY INTL INC (TMG.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to TMG.CA.
Can you provide the trend direction for THERMAL ENERGY INTL INC?
The current trend direction for THERMAL ENERGY INTL INC (TMG.CA) is Bullish.
What is the RSI signal for TMG stock?
THERMAL ENERGY INTL INC (TMG.CA) has an RSI value of 57.3513. This indicates that the stock is currently neutral.
Can you provide the short term momentum for THERMAL ENERGY INTL INC?
The short term momentum for THERMAL ENERGY INTL INC (TMG.CA) is positive.
What is the buy/sell signal for TMG stock?
The buy/sell signal for THERMAL ENERGY INTL INC (TMG.CA) is buy as both the short term and long term trends are positive.