We assign a technical rating of 0 out of 10 to TNMG. TNMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of TNMG is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
3.87
When analyzing the resistance we notice 2 important areas.
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 TNMG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TNMG is neutral. |
| ChartMill Relative Strength | 2.32 | NEGATIVE | TNMG has a low relative strength, it was outperformed by 97.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TNMG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TNMG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TNMG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.16 | NEUTRAL | The RSI value for TNMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests TNMG has a positive trend. |
| Stochastics (14,3) | 37.75 | NEUTRAL | The Stochastics value for TNMG is a neutral value. |
| Average True Range in percent/ATR (20) | 13.99 | HIGH VOLATILITY | The high ATR as a percentage value for TNMG suggests high volalility. |
| Average Directional Index/ADX (14) | 17.55 | NEGATIVE | The low ADX value for TNMG suggests a weak or negative trend. |
3.91
+1.55 (+65.68%)
ChartMill assigns a technical rating of 0 / 10 to TNMG.
The current trend direction for TNL MEDIAGENE (TNMG) is Bearish.
TNL MEDIAGENE (TNMG) has an RSI value of 57.1633. This indicates that the stock is currently neutral.
The MACD indicator for TNL MEDIAGENE (TNMG) has a value of 0.173487, indicating a bearish trend.