THERMAL ENERGY INTL INC (TMG.CA) Stock Technical Analysis
TSX-V:TMG - TSX Venture Exchange - CA88346B1031 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to TMG. Although TMG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month TMG has a been trading in the 0.13 - 0.18 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, TMG outperforms 45% of them, which is more or less in line with the market.
TMG is part of the Machinery industry. There are 20 other stocks in this industry, TMG did better than 47% of them.
TMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although TMG has an excellent technical rating, the quality of the presented setup is 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
0.10
0.21
When analyzing the support we can see 3 important 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 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.21 from a trend 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 | 45.01 | 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) | DOWN | MIXED | The current price of TMG.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.26 | 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) | 77.78 | NEUTRAL | The Stochastics value for TMG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for TMG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 45.6 | POSITIVE | The high ADX value value for TMG.CA 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)
TSX-V:TMG (7/18/2025, 7:00:00 PM)
0.17
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0%
1 Week3.03%
2 Weeks3.03%
1 Month21.43%
3 Month41.67%
6 Month-24.44%
12 Month-26.09%
2 Year54.55%
3 Year126.67%
5 Year126.67%
10 Year277.78%
15 Year142.86%
Volatility
ATR(14)0.01
ATR(20)%4.71%
ATR Inc-100%
Range Today0
ADR(20)0.01
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.01
Mansfield-1.11
10 Day High0.17
10 Day Low0.16
20 Day High0.18
20 Day Low0.13
52 Week High0.26
52 Week Low0.1
CS1 End0.16
CR1 Start0.21
Volume & EV
DER(3)0%
DER(5)0%
Volume82.50K
Volume Incr-54.68%
Vol(5)93.27K
Vol(50)208.90K