TUYA INC (TUYA) Technical Analysis
NYSE:TUYA • US90114C1071
Current stock price
TUYA Technical Rating and Analysis
Taking everything into account, TUYA scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TUYA is a bad performer.
- When comparing the yearly performance of all stocks, TUYA is a bad performer in the overall market: 80% of all stocks are doing better.
- TUYA 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 TUYA is lagging the market.
- The long and short term trends are both positive. This is looking good!
- TUYA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- TUYA has an average volume of 1564060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TUYA is an average performer in the Software industry, it outperforms 67% of 277 stocks in the same industry.
TUYA Weekly and Daily overview Charts
TUYA Setup Rating and Analysis
TUYA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.56. Right above this resistance zone may be a good entry point.
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TUYA Support and Resistance Analysis
1.99
When analyzing the support we can see 3 important areas.
- Support @2.16 from a trend line in the weekly time frame.
- A support zone ranging from 2.07 to 2.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.56 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
TUYA 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 TUYA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TUYA is up. |
| ChartMill Relative Strength | 20.88 | NEGATIVE | TUYA has a low relative strength, it was outperformed by 79.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TUYA is above the rising 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) | DOWN | MIXED | The current price of TUYA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.17 | NEUTRAL | The RSI value for TUYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TUYA has a negative trend. |
| Stochastics (14,3) | 60.39 | NEUTRAL | The Stochastics value for TUYA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for TUYA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.57 | POSITIVE | The high ADX value value for TUYA suggests a strong trend. |
TUYA Chart- and CandleStick Pattern Analysis
TUYA Technicals: Chart, Performance Metrics, Trend & Indicators
2.43
-0.03 (-1.22%)
TUYA INC / TUYA TA FAQ
What is the technical rating for TUYA stock?
ChartMill assigns a technical rating of 7 / 10 to TUYA.
What is the current trend direction of TUYA INC (TUYA) stock?
The current trend direction for TUYA INC (TUYA) is Bullish.
What is the RSI signal for TUYA stock?
TUYA INC (TUYA) has an RSI value of 54.1701. This indicates that the stock is currently neutral.
What is the short term momentum for TUYA INC (TUYA) stock?
The short term momentum for TUYA INC (TUYA) is positive.
What are the support and resistance levels for TUYA INC (TUYA) stock?
TUYA INC (TUYA) has a support level at 2.16 and a resistance level at 2.56. Check the full technical report for our detailed analysis of TUYA support and resistance levels.