We assign a technical rating of 0 out of 10 to TURB. TURB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of TURB is bad and it also does not present a 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
0.96
We found 1 important resistance area.
- Resistance @2.28 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 | DOWN | NEGATIVE | The long term trend for TURB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TURB is down. |
| ChartMill Relative Strength | 5.03 | NEGATIVE | TURB has a low relative strength, it was outperformed by 94.97% 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) | DOWN | NEGATIVE | The current price of TURB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.27 | OVERSOLD | The low RSI value suggests TURB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TURB has a positive trend. |
| Stochastics (14,3) | 3.09 | OVERSOLD | The low Stochastics value suggests TURB may be oversold. |
| Average True Range in percent/ATR (20) | 19.53 | HIGH VOLATILITY | The high ATR as a percentage value for TURB suggests high volalility. |
| Average Directional Index/ADX (14) | 31.92 | POSITIVE | The high ADX value value for TURB suggests a strong trend. |
0.9699
+0 (+0.25%)
TURBO ENERGY SA / TURB FAQ
What is the ChartMill technical rating of TURBO ENERGY SA (TURB) stock?
ChartMill assigns a technical rating of 0 / 10 to TURB.
Can you provide the trend direction for TURBO ENERGY SA?
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 19.2711. This indicates that the stock is currently oversold.
Can you provide the short term momentum for TURBO ENERGY SA?
The short term momentum for TURBO ENERGY SA (TURB) is negative.
What is the buy/sell signal for TURB stock?
The buy/sell signal for TURBO ENERGY SA (TURB) is sell as both the short term and long term trends are negative.