Overall TVA gets a technical rating of 3 out of 10. In the last year, TVA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than TVA.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- In the last month TVA has a been trading in the 10.42 - 11.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
TVA has a poor technical rating and the quality of the setup is also only medium 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
10.36
When analyzing the support we notice one important area.
- A support zone ranging from 10.46 to 10.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.73 to 10.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.12 to 11.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.66 from a horizontal line 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 TVA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TVA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TVA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TVA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TVA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.46 | NEUTRAL | The RSI value for TVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TVA has a positive trend. |
| Stochastics (14,3) | 44.6 | NEUTRAL | The Stochastics value for TVA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for TVA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for TVA suggests a possible start of a new trend. |
10.71
+0.09 (+0.85%)
TEXAS VENTURES ACQUISITION-A / TVA FAQ
Can you provide the ChartMill technical rating for TEXAS VENTURES ACQUISITION-A?
ChartMill assigns a technical rating of 3 / 10 to TVA.
Can you provide the trend direction for TEXAS VENTURES ACQUISITION-A?
The current trend direction for TEXAS VENTURES ACQUISITION-A (TVA) is Bullish.
Can you provide the RSI signal for TEXAS VENTURES ACQUISITION-A?
TEXAS VENTURES ACQUISITION-A (TVA) has an RSI value of 53.4609. This indicates that the stock is currently neutral.
What is the short term momentum for TEXAS VENTURES ACQUISITION-A (TVA) stock?
The short term momentum for TEXAS VENTURES ACQUISITION-A (TVA) is neutral.
Can you provide the support and resistance levels for TEXAS VENTURES ACQUISITION-A?
TEXAS VENTURES ACQUISITION-A (TVA) has a support level at 10.68 and a resistance level at 10.73. Check the full technical report for our detailed analysis of TVA support and resistance levels.