TUESDAY MORNING CORP (TUEM) Technical Analysis
NASDAQ:TUEM • US89904V2007
Current stock price
TUEM Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to TUEM. In the last year, TUEM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- TUEM 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 TUEM is lagging the market.
- 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 30 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that TUEM is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
TUEM Weekly and Daily overview Charts
TUEM Setup Rating and Analysis
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
TUEM Support and Resistance Analysis
0.57
We found 1 important support area.
- Support @0.58 from a horizontal line in the daily time frame.
TUEM Technical Indicator Signal Analysis
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. |
TUEM Chart- and CandleStick Pattern Analysis
TUEM Technicals: Chart, Performance Metrics, Trend & Indicators
0.685
+0 (+0.16%)
TUESDAY MORNING CORP / TUEM TA FAQ
What is the technical rating for TUEM stock?
ChartMill assigns a technical rating of 4 / 10 to TUEM.
Can you provide the trend direction for TUESDAY MORNING CORP?
The current trend direction for TUESDAY MORNING CORP (TUEM) is Bearish.
What is the RSI signal for TUEM stock?
TUESDAY MORNING CORP (TUEM) has an RSI value of 36.3782. This indicates that the stock is currently neutral.
What is the MACD signal for TUESDAY MORNING CORP (TUEM) stock?
The MACD indicator for TUESDAY MORNING CORP (TUEM) has a value of -0.272027, indicating a bearish trend.
What is the short term momentum for TUESDAY MORNING CORP (TUEM) stock?
The short term momentum for TUESDAY MORNING CORP (TUEM) is negative.