TIMKENSTEEL CORP (TMST) Stock Technical Analysis
USA - NYSE:TMST - US8873991033 - Common Stock
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.
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
2 important support areas can be observed.
- 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
Can you provide the ChartMill technical rating for TIMKENSTEEL CORP?
ChartMill assigns a technical rating of 0 / 10 to TMST.
What is the trend direction for TMST stock?
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 short term momentum for TMST stock?
The short term momentum for TIMKENSTEEL CORP (TMST) is negative.
Can you provide the support and resistance levels for TIMKENSTEEL CORP?
TIMKENSTEEL CORP (TMST) has a support level at 20.35 and a resistance level at 20.87. Check the full technical report for our detailed analysis of TMST support and resistance levels.