YIELDMAX TSM OPT INC STRAT (TSMY) Technical Analysis
NYSEARCA:TSMY • US88636R8593
Overall TSMY gets a technical rating of 1 out of 10. TSMY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 68% of all other stocks performed better in the past year than TSMY.
- In the last month TSMY has a been trading in the 15.33 - 17.96 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- TSMY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TSMY is lagging the market slightly.
The technical rating of TSMY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.93 to 14.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.64 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.10 to 17.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.57 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for TSMY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSMY is down. |
| ChartMill Relative Strength | 32.66 | NEUTRAL | TSMY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSMY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TSMY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TSMY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.18 | NEUTRAL | The RSI value for TSMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests TSMY has a negative trend. |
| Stochastics (14,3) | 16.14 | OVERSOLD | The low Stochastics value suggests TSMY may be oversold. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for TSMY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.68 | NEGATIVE | The low ADX value for TSMY suggests a weak or negative trend. |
TSMY Technicals: Chart, Performance Metrics, Trend & Indicators
15.42
-0.63 (-3.93%)
YIELDMAX TSM OPT INC STRAT / TSMY FAQ
Can you provide the ChartMill technical rating for YIELDMAX TSM OPT INC STRAT?
ChartMill assigns a technical rating of 1 / 10 to TSMY.
Can you provide the trend direction for YIELDMAX TSM OPT INC STRAT?
The current trend direction for YIELDMAX TSM OPT INC STRAT (TSMY) is Bearish.
What is the RSI signal for TSMY stock?
YIELDMAX TSM OPT INC STRAT (TSMY) has an RSI value of 35.1803. This indicates that the stock is currently neutral.
What is the MACD signal for TSMY stock?
The MACD indicator for YIELDMAX TSM OPT INC STRAT (TSMY) has a value of -0.211273, indicating a bearish trend.
What are the support and resistance levels for YIELDMAX TSM OPT INC STRAT (TSMY) stock?
YIELDMAX TSM OPT INC STRAT (TSMY) has a support level at 14.99 and a resistance level at 16.1. Check the full technical report for our detailed analysis of TSMY support and resistance levels.