TORCHMARK CORP (TMK) Stock Technical Analysis
NYSE:TMK - New York Stock Exchange, Inc. -
We assign a technical rating of 3 out of 10 to TMK. TMK has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
TMK 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 TMK is lagging the market slightly.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, TMK turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
In the last month TMK has a been trading in the 83.67 - 93.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of TMK is bad and it also does not present a 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
79.51
93.86
We found 2 important support areas.
- A support zone ranging from 84.05 to 84.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @80.31 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 88.74 to 90.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 92.93 to 92.93. 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 | NEUTRAL | NEUTRAL | The long term trend for TMK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMK is down. |
| ChartMill Relative Strength | 63.54 | NEUTRAL | TMK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TMK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.73 | NEUTRAL | The RSI value for TMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests TMK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.7 | NEUTRAL | The Stochastics value for TMK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for TMK suggests low volalility. |
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)
88.1
+2.11 (+2.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.45%
1 Week-0.58%
2 Weeks-4.4%
1 Month-3.9%
3 Month-0.16%
6 Month8.74%
12 Month1.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.82
ATR(20)%1.75%
ATR Inc54.56%
Range Today1.8
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.54
Mansfield-0.14
10 Day High93.15
10 Day Low83.67
20 Day High93.26
20 Day Low83.67
52 Week High93.26
52 Week Low69.68
CS1 End84.85
CR1 Start88.74
Volume & EV
DER(3)-1.72%
DER(5)-1.85%
Volume526.40K
Volume Incr16.08%
Vol(5)554.94K
Vol(50)462.50K