TENARIS SA-ADR (TS) Stock Technical Analysis
NYSE:TS - New York Stock Exchange, Inc. - US88031M1099 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to TS. TS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TS is a bad performer in the overall market: 63% of all stocks are doing better.
TS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 78% of 62 stocks in the same industry.
TS has an average volume of 1820240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month TS has a been trading in the 30.06 - 35.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 33.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.75, a Stop Loss order could be placed below this zone.
More info and screens
30.39
40.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 32.33 to 32.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.70 to 31.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 33.69 to 33.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 39.41 to 39.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.84
Mansfield-0.15
10 Day High33.96
10 Day Low31.76
20 Day High35.44
20 Day Low30.06
52 Week High40.87
52 Week Low27.24
Performance
1 Week-0.39%
2 Weeks0.87%
1 Month-6.55%
3 Month-10.96%
6 Month0.99%
12 Month-0.74%
2 Year35.5%
3 Year0.63%
5 Year165.01%
10 Year16.61%
15 Year-9.62%
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)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)45.71
LBB31.94
UBB34.19
33.55
+0.79 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.41%
1 Week-0.39%
2 Weeks0.87%
1 Month-6.55%
3 Month-10.96%
6 Month0.99%
12 Month-0.74%
2 Year35.5%
3 Year0.63%
5 Year165.01%
10 Year16.61%
15 Year-9.62%
Volatility
ATR(14)0.89
ATR(20)%4.03%
ATR Inc64.71%
Range Today0.74
ADR(20)1.24
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.84
Mansfield-0.15
10 Day High33.96
10 Day Low31.76
20 Day High35.44
20 Day Low30.06
52 Week High40.87
52 Week Low27.24
CS1 End32.75
CR1 Start33.69
Volume & EV
DER(3)2.46%
DER(5)0.54%
Volume1.64M
Volume Incr-0.54%
Vol(5)2.06M
Vol(50)1.82M