EBR:TNET - Euronext Brussels - BE0003826436 - Common Stock - Currency: EUR
Overall TNET gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TNET is showing a nice and steady performance.
TNET has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
19.61
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
21.30 | 21.11 | 0.19 (0.89%) | 25.00% |
An entry @21.30. This is a Buy Stop order right above the resistance zone. | An exit @21.11. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 0.89%. | For a 0.22% total portfolio risk, you can invest 25.00% of your capital in this trade. |
EBR:TNET (10/13/2023, 7:00:00 PM)
21.28
+0.08 (+0.38%)