PRIVETERRA ACQUISITION CORP (TMKR) Stock Technical Analysis
NASDAQ:TMKR - Nasdaq - US8765451047 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TMKR. Although TMKR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: TMKR has an average volume of 20778 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
TMKR 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 TMKR is lagging the market slightly.
When comparing the performance of all stocks over the past year, TMKR turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
In the last month TMKR has a been trading in a tight range between 10.60 and 10.80.
Considerably lower volume is observed in the last couple of days.
TMKR has an excellent technical rating, but the quality of the setup is only medium 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
9.61
10.90
We found 3 important support areas.
- A support zone ranging from 10.54 to 10.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.31 to 10.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.71 to 9.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.79 to 10.79. 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 | UP | POSITIVE | The long term trend for TMKR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMKR is up. |
| ChartMill Relative Strength | 62.06 | NEUTRAL | TMKR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMKR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMKR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMKR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.83 | NEUTRAL | The RSI value for TMKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TMKR has a negative trend. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for TMKR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for TMKR suggests low volalility. |
| Average Directional Index/ADX (14) | 36.47 | POSITIVE | The high ADX value value for TMKR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.80 | 10.70 | 0.10 (0.93%) | 25.00% |
| An entry @10.80. This is a Buy Stop order right above the resistance zone. | An exit @10.70. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 0.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:TMKR (8/21/2023, 8:09:06 PM)
10.78
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week0.19%
2 Weeks0.65%
1 Month0.75%
3 Month1.89%
6 Month4.15%
12 Month8.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.32%
ATR Inc-79.27%
Range Today0
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
CRS62.06
Mansfield-0.33
10 Day High10.8
10 Day Low10.71
20 Day High10.8
20 Day Low10.6
52 Week High11
52 Week Low9.94
CS1 End10.75
CR1 Start10.79
Volume & EV
DER(3)0%
DER(5)0%
Volume6.20K
Volume Incr-60.6%
Vol(5)9.60K
Vol(50)20.78K