180 DEGREE CAPITAL CORP (TURN) Technical Analysis
NASDAQ:TURN • US68235B2088
Current stock price
TURN Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to TURN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TURN is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TURN did better than 86% of all other stocks. We also observe that the gains produced by TURN over the past year are nicely spread over this period.
- TURN is part of the Capital Markets industry. There are 239 other stocks in this industry. TURN outperforms 91% of them.
- TURN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TURN has a been trading in the 4.35 - 5.01 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TURN Weekly and Daily overview Charts
TURN Setup Rating and Analysis
Although TURN has an excellent technical rating, it does not present a decent entry opportunity 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
TURN Support and Resistance Analysis
3.51
We found 5 important support areas.
- A support zone ranging from 4.55 to 4.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.33 from a trend line in the daily time frame.
- Support @3.87 from a horizontal line in the daily time frame.
- Support @3.78 from a trend line in the weekly time frame.
- Support @3.55 from a horizontal line in the daily time frame.
TURN 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 TURN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TURN is up. |
| ChartMill Relative Strength | 86.92 | POSITIVE | TURN has a high relative strength, it outperformed 86.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TURN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TURN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TURN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.52 | NEUTRAL | The RSI value for TURN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TURN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.01 | NEUTRAL | The Stochastics value for TURN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for TURN suggests some volalility. |
| Average Directional Index/ADX (14) | 41.21 | POSITIVE | The high ADX value value for TURN suggests a strong trend. |
TURN Chart- and CandleStick Pattern Analysis
TURN Technicals: Chart, Performance Metrics, Trend & Indicators
4.96
+0.29 (+6.21%)
180 DEGREE CAPITAL CORP / TURN TA FAQ
What is the technical rating for TURN stock?
ChartMill assigns a technical rating of 10 / 10 to TURN.
Can you provide the trend direction for 180 DEGREE CAPITAL CORP?
The current trend direction for 180 DEGREE CAPITAL CORP (TURN) is Bullish.
What is the RSI signal for TURN stock?
180 DEGREE CAPITAL CORP (TURN) has an RSI value of 65.5209. This indicates that the stock is currently neutral.
What is the MACD signal for 180 DEGREE CAPITAL CORP (TURN) stock?
The MACD indicator for 180 DEGREE CAPITAL CORP (TURN) has a value of -0.0114578, indicating a bearish trend.
What is the support and resistance level for TURN stock?
180 DEGREE CAPITAL CORP (TURN) has a support level at 4.74. Check the full technical report for our detailed analysis of TURN support and resistance levels.