TOTALENERGIES SE -SPON ADR (TTE) Stock Technical Analysis
NYSE:TTE - US89151E1091 - ADR
62.75 USD
+0.64 (+1.03%)
62.75 USD
0 (0%)
Taking everything into account, TTE scores 6 out of 10 in our technical rating. Although TTE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
71% of all other stocks performed better in the past year than TTE.
Both the short term and long term trends are positive. This is a very positive sign.
TTE has an average volume of 1450320 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 41% of 209 stocks in the same industry.
TTE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TTE is lagging the market.
In the last month TTE has a been trading in the 59.29 - 64.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TTE has an average technical rating and also the quality of the setup is only medium 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
57.31
65.83
We found 3 important support areas.
- A support zone ranging from 61.64 to 62.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.83 to 60.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.89 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 63.49 to 65.18. 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 | UP | POSITIVE | The long term trend for TTE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTE is up. |
| ChartMill Relative Strength | 29.2 | NEGATIVE | TTE has a low relative strength, it was outperformed by 70.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TTE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.86 | NEUTRAL | The RSI value for TTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TTE has a positive trend. |
| Stochastics (14,3) | 44.48 | NEUTRAL | The Stochastics value for TTE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for TTE suggests low volalility. |
| Average Directional Index/ADX (14) | 11.08 | 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)
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 |
|---|---|---|---|
| 64.33 | 61.63 | 2.70 (4.20%) | 23.83% |
| An entry @64.33. This is a Buy Stop order right above the 10 day high. | An exit @61.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.70 points, which is 4.20%. | When investing 23.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
62.75
+0.64 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.03%
1 Week-2%
2 Weeks0.82%
1 Month6.07%
3 Month6.94%
6 Month4.18%
12 Month-9.06%
2 Year-0.25%
3 Year24.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%1.5%
ATR Inc-23.15%
Range Today0.45
ADR(20)0.73
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.2
Mansfield-0.62
10 Day High64.32
10 Day Low61.37
20 Day High64.32
20 Day Low59.29
52 Week High69.81
52 Week Low52.78
CS1 End62.6
CR1 Start63.49
Volume & EV
DER(3)1.24%
DER(5)0.79%
Volume1.07M
Volume Incr-0.86%
Vol(5)1.38M
Vol(50)1.45M