TUESDAY MORNING CORP (TUEM) Stock Technical Analysis
NASDAQ:TUEM - Nasdaq - US89904V2007 - Common Stock - Currency: USD
Taking everything into account, TUEM scores 5 out of 10 in our technical rating. TUEM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
TUEM 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.
In the last month TUEM has a been trading in the 0.57 - 4.98 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
TUEM is one of the better performing stocks in the Broadline Retail industry, it outperforms 100% of 28 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, TUEM did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
TUEM has an average technical rating and it also does not offer a high quality setup 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
0.57
0.69
We found 1 important support area.
- Support @0.58 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for TUEM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TUEM is down. |
| ChartMill Relative Strength | 99.71 | POSITIVE | TUEM has a high relative strength, it outperformed 99.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TUEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TUEM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TUEM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.38 | NEUTRAL | The RSI value for TUEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests TUEM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.93 | OVERSOLD | The low Stochastics value suggests TUEM may be oversold. |
| Average True Range in percent/ATR (20) | 61.51 | HIGH VOLATILITY | The high ATR as a percentage value for TUEM suggests high volalility. |
| Average Directional Index/ADX (14) | 34.22 | POSITIVE | The high ADX value value for TUEM suggests a strong 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)
0.685
+0 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.16%
1 Week-61.08%
2 Weeks-66.42%
1 Month-77.17%
3 Month467.99%
6 Month101.47%
12 Month-69.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%61.51%
ATR Inc-36.25%
Range Today0.29
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.71
Mansfield-1.13
10 Day High2.24
10 Day Low0.57
20 Day High4.98
20 Day Low0.57
52 Week High4.98
52 Week Low0.09
CS1 End0.58
CR1 StartN/A
Volume & EV
DER(3)-4.17%
DER(5)-7.77%
Volume8.41M
Volume Incr307.85%
Vol(5)2.13M
Vol(50)911.61K