TIMKENSTEEL CORP (TMST) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:TMST • US8873991033
Overall TMST gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, TMST is a bad performer in the overall market: 66% of all stocks are doing better.
- TMST is part of the Metals & Mining industry. There are 157 other stocks in this industry, of which 82% are performing better than TMST.
- 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.
Although the technical rating is bad, TMST does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
19.33
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.
We can see 2 important resistance 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. |
20.4
+0.21 (+1.04%)
TIMKENSTEEL CORP / TMST FAQ
What is the ChartMill technical rating of TIMKENSTEEL CORP (TMST) stock?
ChartMill assigns a technical rating of 0 / 10 to TMST.
Can you provide the trend direction for TIMKENSTEEL CORP?
The current trend direction for TIMKENSTEEL CORP (TMST) is Bearish.
Can you provide the RSI signal for TIMKENSTEEL CORP?
TIMKENSTEEL CORP (TMST) has an RSI value of 47.6034. This indicates that the stock is currently neutral.
What is the MACD signal for TMST stock?
The MACD indicator for TIMKENSTEEL CORP (TMST) has a value of -0.00318399, indicating a bearish trend.
What is the buy/sell signal for TIMKENSTEEL CORP (TMST) stock?
The buy/sell signal for TIMKENSTEEL CORP (TMST) is sell as both the short term and long term trends are negative.