TOTALENERGIES SE -SPON ADR (TTE) Stock Technical Analysis
USA - NYSE:TTE - US89151E1091 - ADR
Taking everything into account, TTE scores 7 out of 10 in our technical rating. Although TTE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although TTE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
56.28
We found 4 important support areas.
- Strong support @63.49 from a horizontal line in the daily time frame.
- A support zone ranging from 61.17 to 62.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.16 to 59.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 56.85 to 58.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 64.15 to 64.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 65.18 to 65.18. This zone is formed by a combination of multiple trend lines 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 | 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 | 54.66 | NEUTRAL | TTE is not amongst the best or worst performers 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) | 65.23 | NEUTRAL | The RSI value for TTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests TTE has a positive trend. |
| Stochastics (14,3) | 90.16 | OVERBOUGHT | The high Stochastics value suggests TTE may be overbought. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for TTE suggests low volalility. |
| Average Directional Index/ADX (14) | 15.73 | NEGATIVE | The low ADX value for TTE suggests a weak or negative trend. |
63.95
-0.01 (-0.02%)
TOTALENERGIES SE -SPON ADR / TTE FAQ
What is the technical rating for TTE stock?
ChartMill assigns a technical rating of 7 / 10 to TTE.
What is the current trend direction of TOTALENERGIES SE -SPON ADR (TTE) stock?
The current trend direction for TOTALENERGIES SE -SPON ADR (TTE) is Bullish.
Can you provide the RSI signal for TOTALENERGIES SE -SPON ADR?
TOTALENERGIES SE -SPON ADR (TTE) has an RSI value of 65.2271. This indicates that the stock is currently neutral.
What is the short term momentum for TOTALENERGIES SE -SPON ADR (TTE) stock?
The short term momentum for TOTALENERGIES SE -SPON ADR (TTE) is positive.
What is the buy/sell signal for TOTALENERGIES SE -SPON ADR (TTE) stock?
The buy/sell signal for TOTALENERGIES SE -SPON ADR (TTE) is buy as both the short term and long term trends are positive.