TSS INC (TSSI) Technical Analysis
NASDAQ:TSSI • US87288V1017
Current stock price
TSSI Technical Rating and Analysis
Taking everything into account, TSSI scores 7 out of 10 in our technical rating. In the last year, TSSI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- TSSI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long and short term trends are both positive. This is looking good!
- TSSI is one of the better performing stocks in the IT Services industry, it outperforms 94% of 88 stocks in the same industry.
- TSSI has an average volume of 1494870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, TSSI did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month TSSI has a been trading in the 10.28 - 14.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSSI Weekly and Daily overview Charts
TSSI Setup Rating and Analysis
Besides having an excellent technical rating, TSSI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 13.33. Right above this resistance zone may be a good entry point.
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TSSI Support and Resistance Analysis
7.38
We found 3 important support areas.
- Support @8.38 from a trend line in the weekly time frame.
- Support @8.13 from a trend line in the daily time frame.
- Support @7.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.33 to 13.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for TSSI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSSI is up. |
| ChartMill Relative Strength | 91.45 | POSITIVE | TSSI has a high relative strength, it outperformed 91.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSSI is below a declining 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) | 53.12 | NEUTRAL | The RSI value for TSSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TSSI has a negative trend. |
| Stochastics (14,3) | 59.42 | NEUTRAL | The Stochastics value for TSSI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.28 | HIGH VOLATILITY | The high ATR as a percentage value for TSSI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.4 | POSITIVE | The high ADX value value for TSSI suggests a strong trend. |
TSSI Chart- and CandleStick Pattern Analysis
TSSI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.41 | 11.32 | 2.09 (15.59%) | 6.42% |
| An entry @13.41. This is a Buy Stop order right above the resistance zone. | An exit @11.32. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.09 points, which is 15.59%. | For a 1.00% total portfolio risk, you can invest 6.42% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSSI Technicals: Chart, Performance Metrics, Trend & Indicators
12.42
-0.7 (-5.34%)
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 Bullish.
What is the RSI signal for TSSI stock?
TSS INC (TSSI) has an RSI value of 53.1241. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TSS INC?
The short term momentum for TSS INC (TSSI) is positive.
Can you provide the support and resistance levels for TSS INC?
TSS INC (TSSI) has a support level at 8.38 and a resistance level at 13.33. Check the full technical report for our detailed analysis of TSSI support and resistance levels.