TSS INC (TSSI) Technical Analysis
NASDAQ:TSSI • US87288V1017
Current stock price
TSSI Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to TSSI. Although TSSI has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- TSSI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TSSI is lagging the market.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- TSSI is one of the better performing stocks in the IT Services industry, it outperforms 91% of 87 stocks in the same industry.
- In the last month TSSI has a been trading in the 7.42 - 14.39 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- TSSI has an average volume of 1473210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that TSSI is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TSSI Weekly and Daily overview Charts
TSSI Setup Rating and Analysis
Although TSSI has an excellent technical rating, it does not present a decent entry opportunity 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
TSSI Support and Resistance Analysis
7.29
When analyzing the support we can see 4 important areas.
- Support @9.89 from a trend line in the daily time frame.
- Support @8.04 from a trend line in the weekly time frame.
- Support @7.80 from a trend line in the daily time frame.
- Support @7.36 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @12.06 from a horizontal line in the weekly time frame.
- Resistance @12.74 from a horizontal line in the daily time frame.
TSSI Technical Indicator Signal Analysis
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 TSSI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSSI is up. |
| ChartMill Relative Strength | 90.76 | POSITIVE | TSSI has a high relative strength, it outperformed 90.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSSI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSSI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.03 | NEUTRAL | The RSI value for TSSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests TSSI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.59 | NEUTRAL | The Stochastics value for TSSI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.9 | HIGH VOLATILITY | The high ATR as a percentage value for TSSI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.82 | POSITIVE | The high ADX value value for TSSI suggests a strong trend. |
TSSI Chart- and CandleStick Pattern Analysis
TSSI Technicals: Chart, Performance Metrics, Trend & Indicators
11.95
-0.78 (-6.13%)
TSS INC / TSSI TA FAQ
What is the ChartMill technical rating of TSS INC (TSSI) stock?
ChartMill assigns a technical rating of 7 / 10 to TSSI.
What is the trend direction for TSSI stock?
The current trend direction for TSS INC (TSSI) is Bearish.
Can you provide the RSI signal for TSS INC?
TSS INC (TSSI) has an RSI value of 64.0301. This indicates that the stock is currently neutral.
What is the MACD signal for TSSI stock?
The MACD indicator for TSS INC (TSSI) has a value of 0.386236, indicating a bearish trend.