Logo image of TNH

TERRA NITROGEN CO L P (TNH) Stock Technical Analysis

NYSE:TNH - New York Stock Exchange, Inc. - US8810052014

83.96  +0.01 (+0.01%)

After market: 83.95 -0.01 (-0.01%)

Technical Rating and Analysis

4

Overall TNH gets a technical rating of 4 out of 10. In the last year, TNH was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

72% of all other stocks performed better in the past year than TNH.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TNH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TNH is lagging the market.
In the last month TNH has a been trading in a tight range between 83.60 and 84.00.
Weekly and Daily overview Charts
TERRA NITROGEN CO L P / TNH Weekly stock chart
TERRA NITROGEN CO L P / TNH Daily stock chart
Setup Rating and Analysis

9

Although the technical rating is only medium, TNH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 83.86, 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.
Support and Resistance Analysis

79.96

88.68

We found 2 important support areas.

  • A support zone ranging from 83.52 to 83.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @80.77 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 84.60 to 87.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for TNH is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for TNH is up.
ChartMill Relative Strength28.39NEGATIVETNH has a low relative strength, it was outperformed by 71.61% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of TNH is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of TNH is above a declining SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of TNH is above a declining SMA(200).
Relative Strength Index/RSI (14)54.18NEUTRALThe RSI value for TNH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests TNH has a negative trend, although the MACD value is rising.
Stochastics (14,3)87.5OVERBOUGHTThe high Stochastics value suggests TNH may be overbought.
Average True Range in percent/ATR (20)0.18LOW VOLATILITYThe low ATR as a percentage value for TNH suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
TERRA NITROGEN CO L P / TNH Daily stock chart

TERRA NITROGEN CO L P

NYSE:TNH (3/29/2018, 11:18:01 PM)

After market: 83.95 -0.01 (-0.01%)

83.96

+0.01 (+0.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.01%
1 Week0.07%
2 Weeks0.13%
1 Month0.2%
3 Month5.2%
6 Month2.7%
12 Month-14.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.18%
ATR Inc-7.89%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.39
Mansfield-0.35
10 Day High84
10 Day Low83.6
20 Day High84
20 Day Low83.6
52 Week High98.29
52 Week Low75.2
CS1 End83.86
CR1 Start84.6
Volume & EV
DER(3)-1.18%
DER(5)1.37%
Volume92.30K
Volume Incr34.26%
Vol(5)42.54K
Vol(50)52.09K