TURBO ENERGY SA (TURB) Technical Analysis
NASDAQ:TURB • US8999241040
Current stock price
TURB Technical Rating and Analysis
Overall TURB gets a technical rating of 9 out of 10. TURB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- TURB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TURB is lagging the market.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TURB did better than 97% of all other stocks.
- TURB is part of the Electrical Equipment industry. There are 91 other stocks in this industry. TURB outperforms 87% of them.
- TURB has an average volume of 5732710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TURB has a been trading in the 0.66 - 6.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
TURB Support and Resistance Analysis
2.57
We found 1 important support area.
- Support @2.60 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.62 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 | UP | POSITIVE | The long term trend for TURB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TURB is up. |
| ChartMill Relative Strength | 97.36 | POSITIVE | TURB has a high relative strength, it outperformed 97.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TURB is above 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) | 53.03 | NEUTRAL | The RSI value for TURB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TURB has a negative trend. |
| Stochastics (14,3) | 38.11 | NEUTRAL | The Stochastics value for TURB is a neutral value. |
| Average True Range in percent/ATR (20) | 37.38 | HIGH VOLATILITY | The high ATR as a percentage value for TURB suggests high volalility. |
| Average Directional Index/ADX (14) | 47.8 | 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
2.66
+0.05 (+1.92%)
TURBO ENERGY SA / TURB TA FAQ
What is the ChartMill technical rating of TURBO ENERGY SA (TURB) stock?
ChartMill assigns a technical rating of 9 / 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 Bullish.
What is the RSI signal for TURB stock?
TURBO ENERGY SA (TURB) has an RSI value of 53.0278. This indicates that the stock is currently neutral.
What is the buy/sell signal for TURBO ENERGY SA (TURB) stock?
The buy/sell signal for TURBO ENERGY SA (TURB) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TURB stock?
TURBO ENERGY SA (TURB) has a support level at 2.6 and a resistance level at 4.62. Check the full technical report for our detailed analysis of TURB support and resistance levels.