TRINSEO PLC (TSE) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:TSE • IE0000QBK8U7
We assign a technical rating of 0 out of 10 to TSE. TSE 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.
- 99% of all other stocks performed better in the past year than TSE.
- TSE is one of the lesser performing stocks in the Chemicals industry. 96% of 83 stocks in the same industry do better.
- TSE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index however is also trading in the lower part of its yearly range, so it may just be a bad time for stocks in general.
- In the last month TSE has a been trading in the 0.42 - 0.95 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- TSE has an average volume of 1117650 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.
The technical rating of TSE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.45
We can see 3 important resistance areas.
- A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.51 from a horizontal line in the daily time frame.
- Resistance @0.71 from a trend line 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 TSE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSE is down. |
| ChartMill Relative Strength | 1.17 | NEGATIVE | TSE has a low relative strength, it was outperformed by 98.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.38 | NEUTRAL | The RSI value for TSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TSE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 9.96 | OVERSOLD | The low Stochastics value suggests TSE may be oversold. |
| Average True Range in percent/ATR (20) | 17.15 | HIGH VOLATILITY | The high ATR as a percentage value for TSE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.15 | NEGATIVE | The low ADX value for TSE suggests a weak or negative trend. |
0.45
0 (0%)
TRINSEO PLC / TSE FAQ
What is the technical rating for TSE stock?
ChartMill assigns a technical rating of 0 / 10 to TSE.
What is the trend direction for TSE stock?
The current trend direction for TRINSEO PLC (TSE) is Bearish.
What is the RSI signal for TSE stock?
TRINSEO PLC (TSE) has an RSI value of 37.3751. This indicates that the stock is currently neutral.
What is the MACD signal for TRINSEO PLC (TSE) stock?
The MACD indicator for TRINSEO PLC (TSE) has a value of 0.00137433, indicating a bearish trend.
What is the short term momentum for TSE stock?
The short term momentum for TRINSEO PLC (TSE) is negative.