VANECK AMX UCITS ETF (TMX.AS) Stock Technical Analysis
AMS:TMX - Euronext Amsterdam - NL0009272756 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to TMX. Although TMX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: TMX has an average volume of 803 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
TMX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TMX is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, TMX turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
In the last month TMX has a been trading in a tight range between 86.80 and 91.99.
Considerably lower volume is observed in the last couple of days.
TMX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 87.65, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
76.24
92.43
We found 2 important support areas.
- A support zone ranging from 85.98 to 87.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 77.01 to 78.04. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 88.98 to 91.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TMX.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TMX.AS is neutral. |
| ChartMill Relative Strength | 42.73 | NEUTRAL | TMX.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TMX.AS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMX.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TMX.AS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.82 | NEUTRAL | The RSI value for TMX.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests TMX.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.28 | OVERSOLD | The low Stochastics value suggests TMX.AS may be oversold. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for TMX.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 14.11 | NEGATIVE | The low ADX value for TMX.AS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 88.99 | 87.64 | 1.35 (1.52%) | 25.00% |
| An entry @88.99. This is a Buy Stop order right above the 10 day moving average. | An exit @87.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.35 points, which is 1.52%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.38%. |
- The distance between exit and entry is rather small compared to the average daily movement of TMX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMS:TMX (6/20/2025, 7:00:00 PM)
88.13
+0.25 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.28%
1 Week0.38%
2 Weeks-0.87%
1 Month0.55%
3 Month1.21%
6 Month6.44%
12 Month-0.08%
2 Year-2.19%
3 Year-2.26%
5 Year18.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%1.37%
ATR Inc-17.27%
Range Today1.18
ADR(20)1.11
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.73
Mansfield-0.18
10 Day High90.99
10 Day Low87.65
20 Day High91.99
20 Day Low86.8
52 Week High91.99
52 Week Low72.75
CS1 End87.65
CR1 Start88.98
Volume & EV
DER(3)0%
DER(5)0%
Volume147
Volume Incr-60.83%
Vol(5)364.2
Vol(50)803.34