USA - NYSE:TUYA - US90114C1071 - ADR
We assign a technical rating of 2 out of 10 to TUYA. Although TUYA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TUYA has a poor technical rating and the quality of the setup is also not perfect 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.
2.18
When analyzing the resistance we notice 4 important areas.
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 TUYA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TUYA is down. |
| ChartMill Relative Strength | 82.03 | POSITIVE | TUYA has a high relative strength, it outperformed 82.03% 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) | DOWN | NEGATIVE | The current price of TUYA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TUYA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36 | NEUTRAL | The RSI value for TUYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TUYA has a negative trend. |
| Stochastics (14,3) | 5.79 | OVERSOLD | The low Stochastics value suggests TUYA may be oversold. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for TUYA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.64 | NEGATIVE | The low ADX value for TUYA suggests a weak or negative trend. |
2.2
-0.04 (-1.79%)
ChartMill assigns a technical rating of 2 / 10 to TUYA.
The current trend direction for TUYA INC (TUYA) is Bearish.
TUYA INC (TUYA) has an RSI value of 36.0036. This indicates that the stock is currently neutral.
The short term momentum for TUYA INC (TUYA) is negative.
The buy/sell signal for TUYA INC (TUYA) is sell as both the short term and long term trends are negative.