THERMAL ENERGY INTL INC (TMG.CA) Stock Technical Analysis
TSX-V:TMG - TSX Venture Exchange - CA88346B1031 - Common Stock - Currency: CAD
Taking everything into account, TMG scores 2 out of 10 in our technical rating. TMG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TMG is a bad performer in the overall market: 88% of all stocks are doing better.
TMG is part of the Machinery industry. There are 20 other stocks in this industry, of which 89% are performing better than TMG.
TMG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TMG is lagging the market.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month TMG has a been trading in the 0.12 - 0.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TMG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone.
More info and screens
0.10
0.21
2 important support areas can be observed.
- A support zone ranging from 0.12 to 0.12. 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance 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.
- Resistance @0.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.21 to 0.21. 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 | DOWN | NEGATIVE | The long term trend for TMG.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TMG.CA is neutral. |
| ChartMill Relative Strength | 12.56 | NEGATIVE | TMG.CA has a low relative strength, it was outperformed by 87.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMG.CA is below a declining 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 | NEGATIVE | The current price of TMG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.62 | NEUTRAL | The RSI value for TMG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TMG.CA has a negative trend. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for TMG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9 | HIGH VOLATILITY | The high ATR as a percentage value for TMG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.54 | 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 (6/23/2025, 7:00:00 PM)
0.125
-0.01 (-3.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.85%
1 Week-10.71%
2 Weeks-3.85%
1 Month-3.85%
3 Month4.17%
6 Month-35.9%
12 Month-44.44%
2 Year8.7%
3 Year56.25%
5 Year78.57%
10 Year150%
15 Year108.33%
Volatility
ATR(14)0.01
ATR(20)%9%
ATR Inc-30%
Range Today0.01
ADR(20)0.01
ADR(20)%8.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.56
Mansfield-3.35
10 Day High0.14
10 Day Low0.13
20 Day High0.14
20 Day Low0.12
52 Week High0.27
52 Week Low0.1
CS1 End0.12
CR1 Start0.13
Volume & EV
DER(3)0%
DER(5)0%
Volume158.19K
Volume Incr68.35%
Vol(5)462.34K
Vol(50)220.65K