TASTEMAKER ACQ CL A -CW25 (TMKRW) Technical Analysis
NASDAQ:TMKRW
Current stock price
TMKRW Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to TMKRW. Recently some decent action could be observed, but in the medium term time frame this is still negative. TMKRW was also a bad performer in the overall market in the last year.
- 93% of all other stocks performed better in the past year than TMKRW.
- TMKRW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month TMKRW has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TMKRW Weekly and Daily overview Charts
TMKRW Setup Rating and Analysis
The technical rating of TMKRW 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
TMKRW Support and Resistance Analysis
0.06
We can see 2 important resistance areas.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.11 from a trend line in the weekly time frame.
TMKRW Technical Indicator Signal Analysis
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 TMKRW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMKRW is up. |
| ChartMill Relative Strength | 7.94 | NEGATIVE | TMKRW has a low relative strength, it was outperformed by 92.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TMKRW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TMKRW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TMKRW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.32 | NEUTRAL | The RSI value for TMKRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TMKRW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.15 | NEUTRAL | The Stochastics value for TMKRW is a neutral value. |
| Average True Range in percent/ATR (20) | 15.4 | HIGH VOLATILITY | The high ATR as a percentage value for TMKRW suggests high volalility. |
| Average Directional Index/ADX (14) | 18.66 | NEGATIVE | The low ADX value for TMKRW suggests a weak or negative trend. |
TMKRW Chart- and CandleStick Pattern Analysis
TMKRW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:TMKRW (8/21/2023, 4:00:43 PM)
0.06
0 (-1.64%)
TASTEMAKER ACQ CL A -CW25 / TMKRW TA FAQ
What is the ChartMill technical rating of TASTEMAKER ACQ CL A -CW25 (TMKRW) stock?
ChartMill assigns a technical rating of 2 / 10 to TMKRW.
What is the current trend direction of TASTEMAKER ACQ CL A -CW25 (TMKRW) stock?
The current trend direction for TASTEMAKER ACQ CL A -CW25 (TMKRW) is Bearish.
What is the RSI signal for TMKRW stock?
TASTEMAKER ACQ CL A -CW25 (TMKRW) has an RSI value of 51.3214. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TASTEMAKER ACQ CL A -CW25?
The MACD indicator for TASTEMAKER ACQ CL A -CW25 (TMKRW) has a value of 0.000209808, indicating a bearish trend.
Can you provide the support and resistance levels for TASTEMAKER ACQ CL A -CW25?
TASTEMAKER ACQ CL A -CW25 (TMKRW) has a resistance level at 0.06. Check the full technical report for our detailed analysis of TMKRW support and resistance levels.