TURBO ENERGY SA (TURB) Stock Technical Analysis
USA - NASDAQ:TURB - US8999241040 - ADR
3.92 USD
-0.02 (-0.51%)
3.82 USD
-0.1 (-2.55%)
Taking everything into account, TURB scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TURB is showing a nice and steady performance.
TURB 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 TURB has a been trading in the 2.56 - 20.45 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
TURB is part of the Electrical Equipment industry. There are 93 other stocks in this industry. TURB outperforms 76% of them.
TURB has an average volume of 3057920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, TURB did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
2.19
3.96
We found 4 important support areas.
- A support zone ranging from 3.86 to 3.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.41 from a trend line in the daily time frame.
- A support zone ranging from 2.26 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @2.21 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 | UP | POSITIVE | The long term trend for TURB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TURB is neutral. |
| ChartMill Relative Strength | 94.9 | POSITIVE | TURB has a high relative strength, it outperformed 94.9% 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) | UP | POSITIVE | The current price of TURB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.57 | NEUTRAL | The RSI value for TURB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests TURB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.56 | OVERSOLD | The low Stochastics value suggests TURB may be oversold. |
| Average True Range in percent/ATR (20) | 48.03 | HIGH VOLATILITY | The high ATR as a percentage value for TURB suggests high volalility. |
| Average Directional Index/ADX (14) | 45.15 | POSITIVE | The high ADX value value for TURB 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)
3.92
-0.02 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.51%
1 Week-10.3%
2 Weeks-31.94%
1 Month51.84%
3 Month72.01%
6 Month54.64%
12 Month81.48%
2 Year213.6%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%48.03%
ATR Inc-36.1%
Range Today0.9
ADR(20)1.67
ADR(20)%42.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.9
Mansfield4.67
10 Day High6.02
10 Day Low3.8
20 Day High20.45
20 Day Low2.56
52 Week High20.45
52 Week Low1.25
CS1 End3.91
CR1 StartN/A
Volume & EV
DER(3)6.26%
DER(5)2.01%
Volume462.40K
Volume Incr-97.47%
Vol(5)192.32K
Vol(50)3.06M