TUYA INC (TUYA) Stock Technical Analysis
NYSE:TUYA - New York Stock Exchange, Inc. - US90114C1071 - ADR - Currency: USD
Overall TUYA gets a technical rating of 4 out of 10. In the last year, TUYA was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TUYA has an average volume of 2269640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, TUYA did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TUYA is an average performer in the Software industry, it outperforms 63% of 284 stocks in the same industry.
TUYA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TUYA is lagging the market slightly.
In the last month TUYA has a been trading in the 2.35 - 2.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, TUYA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.41, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.00
2.89
We found 4 important support areas.
- A support zone ranging from 2.41 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.16 from a trend line in the weekly time frame.
- Support @2.08 from a trend line in the weekly time frame.
- Support @2.02 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.52 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.72 to 2.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.82 to 2.86. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for TUYA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TUYA is neutral. |
| ChartMill Relative Strength | 73.66 | POSITIVE | TUYA has a high relative strength, it outperformed 73.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TUYA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TUYA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TUYA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.27 | NEUTRAL | The RSI value for TUYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TUYA has a negative trend. |
| Stochastics (14,3) | 34.19 | NEUTRAL | The Stochastics value for TUYA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for TUYA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.93 | NEGATIVE | The low ADX value for TUYA 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)
2.52
-0.03 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.18%
1 Week-6.32%
2 Weeks-4.55%
1 Month-2.33%
3 Month-27.79%
6 Month40%
12 Month46.51%
2 Year33.33%
3 Year-3.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%6.33%
ATR Inc-30.45%
Range Today0.09
ADR(20)0.14
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.66
Mansfield1.41
10 Day High2.95
10 Day Low2.49
20 Day High2.95
20 Day Low2.35
52 Week High4.63
52 Week Low1.28
CS1 End2.41
CR1 Start2.52
Volume & EV
DER(3)-8.21%
DER(5)-6.08%
Volume1.70M
Volume Incr-24.68%
Vol(5)1.96M
Vol(50)2.27M