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 5 out of 10 to TTE. TTE was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, TTE is a bad performer in the overall market: 75% of all stocks are doing better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TTE has an average volume of 1649460 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 47% of 210 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 a tight range between 60.05 and 63.54.
TTE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 61.48, a Stop Loss order could be placed below this zone.
More info and screens
52.83
65.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 59.57 to 61.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.05 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.91 to 65.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for TTE is neutral. |
| ChartMill Relative Strength | 25.62 | NEGATIVE | TTE has a low relative strength, it was outperformed by 74.38% 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) | UP | POSITIVE | The current price of TTE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TTE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.34 | NEUTRAL | The RSI value for TTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests TTE has a negative trend. |
| Stochastics (14,3) | 49.17 | NEUTRAL | The Stochastics value for TTE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for TTE suggests low volalility. |
| Average Directional Index/ADX (14) | 9.45 | 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)
61.7
-0.04 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.06%
1 Week-2.08%
2 Weeks-1.63%
1 Month-0.53%
3 Month5.54%
6 Month3.71%
12 Month-9.6%
2 Year1.4%
3 Year20.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%1.67%
ATR Inc-2.46%
Range Today1.06
ADR(20)0.86
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.62
Mansfield-0.8
10 Day High63.21
10 Day Low60.05
20 Day High63.54
20 Day Low60.05
52 Week High70.5
52 Week Low52.78
CS1 End61.48
CR1 Start61.91
Volume & EV
DER(3)-3.68%
DER(5)-4.34%
Volume1.04M
Volume Incr-30.15%
Vol(5)1.23M
Vol(50)1.65M