TENARIS SA-ADR (TS) Stock Technical Analysis
NYSE:TS - US88031M1099 - ADR
36.38 USD
+0.4 (+1.11%)
36.38 USD
0 (0%)
Overall TS gets a technical rating of 3 out of 10. TS has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
TS is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry. TS outperforms 80% of them.
In the last month TS has a been trading in the 34.48 - 36.69 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
TS has an average volume of 1453000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that TS is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
TS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TS is lagging the market.
TS 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 a support zone below the current price at 35.95, a Stop Loss order could be placed below this zone.
More info and screens
32.01
40.69
3 important support areas can be observed.
- A support zone ranging from 35.50 to 36.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.23 from a trend line in the weekly time frame.
- Support @32.33 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.12 to 40.29. 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 | NEUTRAL | NEUTRAL | The long term trend for TS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TS is neutral. |
| ChartMill Relative Strength | 74.14 | POSITIVE | TS has a high relative strength, it outperformed 74.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.07 | NEUTRAL | The RSI value for TS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests TS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.16 | NEUTRAL | The Stochastics value for TS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for TS suggests low volalility. |
| Average Directional Index/ADX (14) | 10.92 | NEGATIVE | The low ADX value for TS suggests a weak or negative trend. |
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)
36.38
+0.4 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.11%
1 Week0.95%
2 Weeks0.03%
1 Month-3.18%
3 Month7.56%
6 Month-4.94%
12 Month21.19%
2 Year12.68%
3 Year31.7%
5 Year208.58%
10 Year35.01%
15 Year6.92%
Volatility
ATR(14)0.54
ATR(20)%1.92%
ATR Inc-15.6%
Range Today0.45
ADR(20)0.58
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.14
Mansfield-0.79
10 Day High36.69
10 Day Low35.42
20 Day High36.69
20 Day Low34.48
52 Week High40.87
52 Week Low27.59
CS1 End35.95
CR1 Start36.12
Volume & EV
DER(3)-5.09%
DER(5)-2.49%
Volume1.41M
Volume Incr6.57%
Vol(5)1.57M
Vol(50)1.45M