TURBO ENERGY SA (TURB) Technical Analysis
NASDAQ:TURB • US8999241040
Current stock price
TURB Technical Rating and Analysis
Overall TURB gets a technical rating of 6 out of 10. TURB 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.
- TURB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TURB has a been trading in the 1.44 - 3.80 range, which is quite wide. It is currently trading near the lows of this range.
- TURB has an average volume of 7469420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that TURB is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- TURB is part of the Electrical Equipment industry. There are 92 other stocks in this industry, TURB did better than 68% of them.
- Considerably lower volume is observed in the last couple of days.
TURB Weekly and Daily overview Charts
TURB Setup Rating and Analysis
Although the technical rating is only medium, TURB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.05, a Stop Loss order could be placed below this zone.
More info and screens
TURB Support and Resistance Analysis
2.01
We found 1 important support area.
- A support zone ranging from 2.03 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @3.20 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for TURB is down. |
| ChartMill Relative Strength | 90.82 | POSITIVE | TURB has a high relative strength, it outperformed 90.82% 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) | 47.85 | NEUTRAL | The RSI value for TURB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TURB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.96 | OVERSOLD | The low Stochastics value suggests TURB may be oversold. |
| Average True Range in percent/ATR (20) | 23.45 | HIGH VOLATILITY | The high ATR as a percentage value for TURB suggests high volalility. |
| Average Directional Index/ADX (14) | 20.7 | NEUTRAL | The ADX value for TURB suggests a possible start of a new trend. |
TURB Chart- and CandleStick Pattern Analysis
TURB Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.71 | 2.02 | 0.69 (25.46%) | 3.93% |
| An entry @2.71. This is a Buy Stop order right above the 10 day high. | An exit @2.02. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.69 points, which is 25.46%. | For a 1.00% total portfolio risk, you can invest 3.93% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TURB Technicals: Chart, Performance Metrics, Trend & Indicators
2.06
+0.19 (+10.16%)
TURBO ENERGY SA / TURB TA FAQ
What is the ChartMill technical rating of TURBO ENERGY SA (TURB) stock?
ChartMill assigns a technical rating of 6 / 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 TURBO ENERGY SA (TURB) stock?
TURBO ENERGY SA (TURB) has an RSI value of 47.854. This indicates that the stock is currently neutral.
What is the short term momentum for TURB stock?
The short term momentum for TURBO ENERGY SA (TURB) is negative.