TOTALENERGIES SE -SPON ADR (TTE) Stock Technical Analysis
NYSE:TTE - New York Stock Exchange, Inc. - US89151E1091 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to TTE. TTE 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.
74% of all other stocks performed better in the past year than TTE.
TTE 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 TTE is lagging the market.
TTE has an average volume of 1769250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TTE is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 56% of 213 stocks in the same industry.
In the last month TTE has a been trading in the 56.31 - 60.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TTE has a poor technical rating and the quality of the setup is also not perfect 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
52.83
65.84
We found 2 important support areas.
- Support @57.01 from a trend line in the weekly time frame.
- A support zone ranging from 53.36 to 54.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 58.48 to 60.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 64.13 to 65.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TTE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TTE is down. |
| ChartMill Relative Strength | 26.93 | NEGATIVE | TTE has a low relative strength, it was outperformed by 73.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TTE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TTE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.36 | NEUTRAL | The RSI value for TTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TTE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.12 | NEUTRAL | The Stochastics value for TTE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for TTE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.31 | NEGATIVE | The low ADX value for TTE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
57.89
-0.27 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.46%
1 Week-3%
2 Weeks-1.56%
1 Month-3.44%
3 Month-4.6%
6 Month-2.97%
12 Month-19.06%
2 Year2.82%
3 Year-1.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%1.7%
ATR Inc13.86%
Range Today0.79
ADR(20)0.85
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.93
Mansfield-0.97
10 Day High60.01
10 Day Low57.26
20 Day High60.41
20 Day Low56.31
52 Week High73.12
52 Week Low52.78
CS1 End57.01
CR1 Start58.48
Volume & EV
DER(3)-4.19%
DER(5)-1.6%
Volume1.34M
Volume Incr-16.08%
Vol(5)1.38M
Vol(50)1.77M