TIMKENSTEEL CORP (TMST) Stock Technical Analysis
NYSE:TMST - New York Stock Exchange, Inc. - US8873991033 - Common Stock - Currency: USD
Taking everything into account, TMST scores 0 out of 10 in our technical rating. TMST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
66% of all other stocks performed better in the past year than TMST.
TMST is one of the lesser performing stocks in the Metals & Mining industry. 76% of 157 stocks in the same industry do better.
TMST is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TMST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMST is lagging the market.
TMST has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
19.33
24.73
We found 2 important support areas.
- A support zone ranging from 20.34 to 20.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.53 to 19.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.87 to 21.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.49 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for TMST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMST is down. |
| ChartMill Relative Strength | 34.75 | NEUTRAL | TMST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TMST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TMST is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.6 | NEUTRAL | The RSI value for TMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TMST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.7 | NEUTRAL | The Stochastics value for TMST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for TMST suggests some volalility. |
| Average Directional Index/ADX (14) | 13.24 | NEGATIVE | The low ADX value for TMST suggests a weak or negative 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)
20.4
+0.21 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.04%
1 Week-0.97%
2 Weeks-3.5%
1 Month-1.16%
3 Month-1.92%
6 Month-8.11%
12 Month3.4%
2 Year13.14%
3 Year152.48%
5 Year63.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%2.83%
ATR Inc-7.88%
Range Today0.52
ADR(20)0.52
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.75
Mansfield-1.2
10 Day High21.6
10 Day Low19.5
20 Day High21.6
20 Day Low19.5
52 Week High24.3
52 Week Low15.59
CS1 End20.35
CR1 Start20.87
Volume & EV
DER(3)-0.28%
DER(5)0.82%
Volume352.90K
Volume Incr-0.24%
Vol(5)195.38K
Vol(50)241.93K