TUYA INC (TUYA) Technical Analysis
NYSE:TUYA • US90114C1071
Current stock price
TUYA Technical Rating and Analysis
Taking everything into account, TUYA scores 6 out of 10 in our technical rating. In the last year, TUYA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- TUYA is one of the better performing stocks in the Software industry, it outperforms 76% of 272 stocks in the same industry.
- TUYA has an average volume of 1815670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, TUYA outperforms 50% of them, which is more or less in line with the market.
- TUYA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TUYA is lagging the market.
- In the last month TUYA has a been trading in the 2.24 - 2.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TUYA Weekly and Daily overview Charts
TUYA Setup Rating and Analysis
Although the technical rating is only medium, TUYA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TUYA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
TUYA Support and Resistance Analysis
1.98
We found 4 important support areas.
- Support @2.29 from a horizontal line in the daily time frame.
- Support @2.23 from a trend line in the weekly time frame.
- A support zone ranging from 2.07 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.00 to 2.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.35 to 2.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.50 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 | NEUTRAL | NEUTRAL | The long term trend for TUYA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TUYA is neutral. |
| ChartMill Relative Strength | 50.18 | NEUTRAL | TUYA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TUYA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TUYA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TUYA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.83 | 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) | 30.62 | NEUTRAL | The Stochastics value for TUYA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for TUYA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.86 | NEGATIVE | The low ADX value for TUYA suggests a weak or negative trend. |
TUYA Chart- and CandleStick Pattern Analysis
TUYA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.43 | 2.28 | 0.15 (6.17%) | 16.20% |
| An entry @2.43. This is a Buy Stop order right above the resistance zone. | An exit @2.28. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 6.17%. | For a 1.00% total portfolio risk, you can invest 16.20% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TUYA Technicals: Chart, Performance Metrics, Trend & Indicators
2.35
-0.05 (-2.08%)
TUYA INC / TUYA TA FAQ
What is the technical rating for TUYA stock?
ChartMill assigns a technical rating of 6 / 10 to TUYA.
What is the trend direction for TUYA stock?
The current trend direction for TUYA INC (TUYA) is Bearish.
Can you provide the RSI signal for TUYA INC?
TUYA INC (TUYA) has an RSI value of 46.8284. This indicates that the stock is currently neutral.
What is the MACD signal for TUYA stock?
The MACD indicator for TUYA INC (TUYA) has a value of -0.00801688, indicating a bearish trend.