TCW STRATEGIC INCOME FUND (TSI) Technical Analysis
NYSE:TSI • US8723401043
We assign a technical rating of 0 out of 10 to TSI. TSI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 73% of all other stocks performed better in the past year than TSI.
- TSI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TSI is lagging the market.
- In the last month TSI has a been trading in a tight range between 4.57 and 4.79.
TSI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TSI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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When analyzing the support we notice one important area.
- A support zone ranging from 4.58 to 4.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.61 to 4.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.86 to 5.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.16 from a horizontal line in the weekly 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 TSI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSI is down. |
| ChartMill Relative Strength | 27.48 | NEGATIVE | TSI has a low relative strength, it was outperformed by 72.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.23 | NEUTRAL | The RSI value for TSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TSI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.03 | NEUTRAL | The Stochastics value for TSI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for TSI suggests low volalility. |
| Average Directional Index/ADX (14) | 26.05 | POSITIVE | The high ADX value value for TSI suggests a strong trend. |
TSI Technicals: Chart, Performance Metrics, Trend & Indicators
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TCW STRATEGIC INCOME FUND / TSI FAQ
What is the technical rating for TSI stock?
ChartMill assigns a technical rating of 0 / 10 to TSI.
Can you provide the trend direction for TCW STRATEGIC INCOME FUND?
The current trend direction for TCW STRATEGIC INCOME FUND (TSI) is Bearish.
What is the RSI signal for TCW STRATEGIC INCOME FUND (TSI) stock?
TCW STRATEGIC INCOME FUND (TSI) has an RSI value of 38.2259. This indicates that the stock is currently neutral.
What is the MACD signal for TCW STRATEGIC INCOME FUND (TSI) stock?
The MACD indicator for TCW STRATEGIC INCOME FUND (TSI) has a value of 0.00681086, indicating a bearish trend.
What is the buy/sell signal for TCW STRATEGIC INCOME FUND (TSI) stock?
The buy/sell signal for TCW STRATEGIC INCOME FUND (TSI) is sell as both the short term and long term trends are negative.