TURBO ENERGY SA (TURB) Technical Analysis
NASDAQ:TURB • US8999241040
Current stock price
TURB Technical Rating and Analysis
Taking everything into account, TURB scores 7 out of 10 in our technical rating. In the past year, TURB was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- TURB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TURB is lagging the market.
- In the last month TURB has a been trading in the 0.66 - 6.50 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.
- Looking at the yearly performance, TURB did better than 95% of all other stocks.
- TURB is one of the better performing stocks in the Electrical Equipment industry, it outperforms 82% of 92 stocks in the same industry.
- TURB has an average volume of 5789610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
TURB Weekly and Daily overview Charts
TURB Setup Rating and Analysis
Although TURB has an excellent technical rating, the quality of the presented setup is not ideal 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.
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TURB Support and Resistance Analysis
TURB 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 TURB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TURB is neutral. |
| ChartMill Relative Strength | 95.51 | POSITIVE | TURB has a high relative strength, it outperformed 95.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TURB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TURB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TURB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.94 | NEUTRAL | The RSI value for TURB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests TURB has a negative trend. |
| Stochastics (14,3) | 25.81 | NEUTRAL | The Stochastics value for TURB is a neutral value. |
| Average True Range in percent/ATR (20) | 48.18 | HIGH VOLATILITY | The high ATR as a percentage value for TURB suggests high volalility. |
| Average Directional Index/ADX (14) | 42.95 | POSITIVE | The high ADX value value for TURB suggests a strong trend. |
TURB Chart- and CandleStick Pattern Analysis
TURB Technicals: Chart, Performance Metrics, Trend & Indicators
2.18
-0.23 (-9.54%)
TURBO ENERGY SA / TURB TA FAQ
What is the ChartMill technical rating of TURBO ENERGY SA (TURB) stock?
ChartMill assigns a technical rating of 7 / 10 to TURB.
What is the current trend direction of TURBO ENERGY SA (TURB) stock?
The current trend direction for TURBO ENERGY SA (TURB) is Bearish.
What is the RSI signal for TURB stock?
TURBO ENERGY SA (TURB) has an RSI value of 48.9397. This indicates that the stock is currently neutral.