Overall TMQ gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TMQ is showing a nice and steady performance.
TMQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 4.41, a Stop Loss order could be placed below this zone.
More info and screens
3.93
We found 3 important support areas.
- A support zone ranging from 4.38 to 4.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.31 from a trend line in the daily time frame.
- Support @3.97 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @4.67 from a horizontal line in the weekly time frame.
- Resistance @4.83 from a horizontal line in the daily 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 TMQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TMQ is neutral. |
| ChartMill Relative Strength | 99.2 | POSITIVE | TMQ has a high relative strength, it outperformed 99.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TMQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.94 | NEUTRAL | The RSI value for TMQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TMQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.57 | NEUTRAL | The Stochastics value for TMQ is a neutral value. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for TMQ suggests high volalility. |
| Average Directional Index/ADX (14) | 22.42 | NEUTRAL | The ADX value for TMQ suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 4.68 | 4.37 | 0.31 (6.62%) | 15.10% |
| An entry @4.68. This is a Buy Stop order right above the resistance zone. | An exit @4.37. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.31 points, which is 6.62%. | For a 1.00% total portfolio risk, you can invest 15.10% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TMQ. Please evaluate whether better entry and exit points can be found.
- 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.
4.42
-0.03 (-0.67%)
TRILOGY METALS INC / TMQ FAQ
Can you provide the ChartMill technical rating for TRILOGY METALS INC?
ChartMill assigns a technical rating of 10 / 10 to TMQ.
What is the current trend direction of TRILOGY METALS INC (TMQ) stock?
The current trend direction for TRILOGY METALS INC (TMQ) is Bullish.
Can you provide the RSI signal for TRILOGY METALS INC?
TRILOGY METALS INC (TMQ) has an RSI value of 49.9387. This indicates that the stock is currently neutral.
What is the MACD signal for TMQ stock?
The MACD indicator for TRILOGY METALS INC (TMQ) has a value of 0.0195559, indicating a bearish trend.
Can you provide the support and resistance levels for TRILOGY METALS INC?
TRILOGY METALS INC (TMQ) has a support level at 4.41 and a resistance level at 4.67. Check the full technical report for our detailed analysis of TMQ support and resistance levels.