TIMKENSTEEL CORP (TMST) Technical Analysis
NYSE:TMST • US8873991033
Current stock price
TMST Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TMST. 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 part of the Metals & Mining industry. There are 157 other stocks in this industry, of which 79% 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 trading in the upper part of its 52 week range, so TMST is lagging the market slightly.
TMST Weekly and Daily overview Charts
TMST Setup Rating and Analysis
Although the technical rating is bad, TMST does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
TMST Support and Resistance Analysis
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.
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.
TMST Technical Indicator Signal Analysis
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. |
TMST Chart- and CandleStick Pattern Analysis
TMST Technicals: Chart, Performance Metrics, Trend & Indicators
20.4
+0.21 (+1.04%)
TIMKENSTEEL CORP / TMST TA 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.
What is the RSI signal for TMST stock?
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 are the support and resistance levels for TIMKENSTEEL CORP (TMST) stock?
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.