Taking everything into account, TONX scores 1 out of 10 in our technical rating. In the last year, TONX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
TONX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
3.11
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 TONX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TONX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | TONX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TONX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TONX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 38.75 | NEUTRAL | The RSI value for TONX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TONX has a positive trend. |
| Stochastics (14,3) | 19.17 | OVERSOLD | The low Stochastics value suggests TONX may be oversold. |
| Average True Range in percent/ATR (20) | 12.21 | HIGH VOLATILITY | The high ATR as a percentage value for TONX suggests high volalility. |
| Average Directional Index/ADX (14) | 39.9 | POSITIVE | The high ADX value value for TONX suggests a strong trend. |
3.14
+0.27 (+9.6%)
ChartMill assigns a technical rating of 1 / 10 to TONX.
The current trend direction for TON STRATEGY CO (TONX) is Bullish.
TON STRATEGY CO (TONX) has an RSI value of 38.7468. This indicates that the stock is currently neutral.
The MACD indicator for TON STRATEGY CO (TONX) has a value of 0.0385774, indicating a bearish trend.