TRAVEL + LEISURE CO (TNL) Stock Technical Analysis
NYSE:TNL • US8941641024
We assign a technical rating of 10 out of 10 to TNL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TNL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TNL did better than 82% of all other stocks.
- TNL is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 92% of 126 stocks in the same industry.
- TNL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TNL is lagging the market slightly.
- In the last month TNL has a been trading in the 68.76 - 81.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although TNL has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
41.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 69.16 to 73.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @68.04 from a horizontal line in the daily time frame.
- Support @41.45 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 75.43 to 75.43. This zone is formed by a combination of multiple trend lines 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 TNL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TNL is up. |
| ChartMill Relative Strength | 82.79 | POSITIVE | TNL has a high relative strength, it outperformed 82.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TNL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TNL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TNL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.25 | NEUTRAL | The RSI value for TNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests TNL has a positive trend. |
| Stochastics (14,3) | 58.6 | NEUTRAL | The Stochastics value for TNL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for TNL suggests some volalility. |
| Average Directional Index/ADX (14) | 19 | NEGATIVE | The low ADX value for TNL suggests a weak or negative trend. |
75.42
+0.03 (+0.04%)
TRAVEL + LEISURE CO / TNL FAQ
What is the ChartMill technical rating of TRAVEL + LEISURE CO (TNL) stock?
ChartMill assigns a technical rating of 10 / 10 to TNL.
What is the trend direction for TNL stock?
The current trend direction for TRAVEL + LEISURE CO (TNL) is Bullish.
Can you provide the RSI signal for TRAVEL + LEISURE CO?
TRAVEL + LEISURE CO (TNL) has an RSI value of 61.2529. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TRAVEL + LEISURE CO?
The buy/sell signal for TRAVEL + LEISURE CO (TNL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TNL stock?
TRAVEL + LEISURE CO (TNL) has a support level at 73.06 and a resistance level at 75.43. Check the full technical report for our detailed analysis of TNL support and resistance levels.