TNL MEDIAGENE (TNMG) Stock Technical Analysis
NASDAQ:TNMG • KYG8924F1211
Overall TNMG gets a technical rating of 1 out of 10. TNMG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than TNMG.
- TNMG is part of the Media industry. There are 93 other stocks in this industry, of which 79% are performing better than TNMG.
- TNMG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TNMG has a been trading in the 2.39 - 4.68 range, which is quite wide. It is currently trading near the lows of this range.
- TNMG has an average volume of 1325710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
TNMG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
3.00
When analyzing the resistance we notice 2 important areas.
- Resistance @3.23 from a trend line in the daily time frame.
- A resistance zone ranging from 3.32 to 3.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for TNMG is down. |
| ChartMill Relative Strength | 1.71 | NEGATIVE | TNMG has a low relative strength, it was outperformed by 98.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TNMG is below the rising 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) | 47.78 | NEUTRAL | The RSI value for TNMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TNMG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.75 | NEUTRAL | The Stochastics value for TNMG is a neutral value. |
| Average True Range in percent/ATR (20) | 24.47 | HIGH VOLATILITY | The high ATR as a percentage value for TNMG suggests high volalility. |
| Average Directional Index/ADX (14) | 24.38 | NEUTRAL | The ADX value for TNMG suggests a possible start of a new trend. |
3.03
+0.06 (+2.02%)
TNL MEDIAGENE / TNMG FAQ
Can you provide the ChartMill technical rating for TNL MEDIAGENE?
ChartMill assigns a technical rating of 1 / 10 to TNMG.
What is the current trend direction of TNL MEDIAGENE (TNMG) stock?
The current trend direction for TNL MEDIAGENE (TNMG) is Bearish.
What is the RSI signal for TNL MEDIAGENE (TNMG) stock?
TNL MEDIAGENE (TNMG) has an RSI value of 47.7768. This indicates that the stock is currently neutral.
What is the MACD signal for TNMG stock?
The MACD indicator for TNL MEDIAGENE (TNMG) has a value of -0.0196853, indicating a bearish trend.
What is the buy/sell signal for TNMG stock?
The buy/sell signal for TNL MEDIAGENE (TNMG) is sell as both the short term and long term trends are negative.