TRILOGY METALS INC (TMQ) Stock Technical Analysis
USA - NYSEARCA:TMQ - CA89621C1059 - Common Stock
We assign a technical rating of 9 out of 10 to TMQ. In the last year, TMQ was one of the better performers, but we do observe some doubts in the very recent evolution.
Although TMQ has an excellent technical rating, it does not present a decent entry opportunity 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
2.75
We found 3 important support areas.
- A support zone ranging from 3.67 to 3.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.51 to 3.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.78 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.25 to 4.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 98.86 | POSITIVE | TMQ has a high relative strength, it outperformed 98.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMQ is below a declining 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) | 46.36 | NEUTRAL | The RSI value for TMQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TMQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.6 | NEUTRAL | The Stochastics value for TMQ is a neutral value. |
| Average True Range in percent/ATR (20) | 11.18 | HIGH VOLATILITY | The high ATR as a percentage value for TMQ suggests high volalility. |
| Average Directional Index/ADX (14) | 19.28 | NEGATIVE | The low ADX value for TMQ suggests a weak or negative trend. |
3.98
-0.26 (-6.13%)
TRILOGY METALS INC / TMQ FAQ
Can you provide the ChartMill technical rating for TRILOGY METALS INC?
ChartMill assigns a technical rating of 9 / 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 46.3621. 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 -0.051425, 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 3.67 and a resistance level at 4.25. Check the full technical report for our detailed analysis of TMQ support and resistance levels.