TRILOGY METALS INC (TMQ) Stock Technical Analysis
USA - NYSEARCA:TMQ - CA89621C1059 - Common Stock
2.09 USD
+0.01 (+0.48%)
6.5898 USD
+4.5 (+215.3%)
We assign a technical rating of 10 out of 10 to TMQ. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TMQ is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by TMQ over the past year are nicely spread over this period.
TMQ is part of the Metals & Mining industry. There are 156 other stocks in this industry. TMQ outperforms 90% of them.
TMQ 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 TMQ is lagging the market slightly.
TMQ has an average volume of 1340970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TMQ has a been trading in the 1.79 - 2.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
TMQ 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
1.26
2.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.01 to 2.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.77 from a trend line in the daily time frame.
- Support @1.27 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.10 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 TMQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMQ is up. |
| ChartMill Relative Strength | 98.01 | POSITIVE | TMQ has a high relative strength, it outperformed 98.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TMQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMQ is above 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) | 54.65 | NEUTRAL | The RSI value for TMQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TMQ has a negative trend. |
| Stochastics (14,3) | 18.06 | OVERSOLD | The low Stochastics value suggests TMQ may be oversold. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for TMQ suggests high volalility. |
| Average Directional Index/ADX (14) | 46.38 | POSITIVE | The high ADX value value for TMQ 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)
2.09
+0.01 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.48%
1 Week-1.88%
2 Weeks-2.79%
1 Month5.03%
3 Month22.94%
6 Month43.15%
12 Month318%
2 Year359.34%
3 Year274.75%
5 Year33.97%
10 Year450%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.05%
ATR Inc-8.78%
Range Today0.13
ADR(20)0.14
ADR(20)%6.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.01
Mansfield3.06
10 Day High2.48
10 Day Low2
20 Day High2.48
20 Day Low1.79
52 Week High2.48
52 Week Low0.49
CS1 End2.01
CR1 Start2.1
Volume & EV
DER(3)-2.82%
DER(5)-0.37%
Volume42.42M
Volume Incr1503.72%
Vol(5)9.21M
Vol(50)1.34M