TURBO ENERGY SA (TURB) Stock Technical Analysis
NASDAQ:TURB - Nasdaq - US8999241040 - ADR - Currency: USD
Taking everything into account, TURB scores 4 out of 10 in our technical rating. Although TURB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TURB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: TURB has an average volume of 9742 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that TURB is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, TURB also shows a nice and consistent pattern of rising prices.
TURB is one of the better performing stocks in the Electrical Equipment industry, it outperforms 82% of 94 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TURB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TURB is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, TURB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TURB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.19
2.70
We found 2 important support areas.
- A support zone ranging from 2.25 to 2.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.21 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.32 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.57 to 2.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.65 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 91.8 | POSITIVE | TURB has a high relative strength, it outperformed 91.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TURB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TURB is below a declining 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) | 43.96 | NEUTRAL | The RSI value for TURB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TURB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.23 | NEUTRAL | The Stochastics value for TURB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for TURB suggests high volalility. |
| Average Directional Index/ADX (14) | 13.05 | NEGATIVE | The low ADX value for TURB suggests a weak or negative 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)
NASDAQ:TURB (7/2/2025, 2:25:50 PM)
2.3128
-0.01 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.31%
1 Week0.22%
2 Weeks1.75%
1 Month-5.27%
3 Month-6.35%
6 Month15.43%
12 Month105.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%6.25%
ATR Inc7.24%
Range Today0.16
ADR(20)0.14
ADR(20)%6.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.8
Mansfield1.05
10 Day High2.47
10 Day Low2.18
20 Day High2.54
20 Day Low2.18
52 Week High4.15
52 Week Low1.13
CS1 End2.34
CR1 Start2.57
Volume & EV
DER(3)22.62%
DER(5)17.64%
Volume2.37K
Volume Incr-77.29%
Vol(5)2.70K
Vol(50)9.74K