Trevali Mining Corp (TV.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:TV • CA89531J7868
Overall TV gets a technical rating of 0 out of 10. TV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than TV.
- TV is one of the lesser performing stocks in the Metals & Mining industry. 93% of 814 stocks in the same industry do better.
- TV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TV has a been trading in the 0.18 - 0.51 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of TV is bad and it also does not present a quality setup 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
0.20
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 TV.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TV.CA is down. |
| ChartMill Relative Strength | 0.68 | NEGATIVE | TV.CA has a low relative strength, it was outperformed by 99.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TV.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TV.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TV.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.68 | OVERSOLD | The low RSI value suggests TV.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TV.CA has a negative trend. |
| Stochastics (14,3) | 7.32 | OVERSOLD | The low Stochastics value suggests TV.CA may be oversold. |
| Average True Range in percent/ATR (20) | 20.24 | HIGH VOLATILITY | The high ATR as a percentage value for TV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.93 | POSITIVE | The high ADX value value for TV.CA suggests a strong trend. |
TSX:TV (8/19/2022, 7:00:00 PM)
0.205
+0 (+1.23%)
Trevali Mining Corp / TV.CA FAQ
What is the ChartMill technical rating of Trevali Mining Corp (TV.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to TV.CA.
What is the trend direction for TV stock?
The current trend direction for Trevali Mining Corp (TV.CA) is Bearish.
Can you provide the RSI signal for Trevali Mining Corp?
Trevali Mining Corp (TV.CA) has an RSI value of 23.6768. This indicates that the stock is currently oversold.
What is the MACD signal for Trevali Mining Corp (TV.CA) stock?
The MACD indicator for Trevali Mining Corp (TV.CA) has a value of -0.0261643, indicating a bearish trend.
Can you provide the short term momentum for Trevali Mining Corp?
The short term momentum for Trevali Mining Corp (TV.CA) is negative.