TVRB Technical Analysis - TELEVERBIER

Technical Rating and Analysis

Taking everything into account, TVRB scores 4 out of 10 in our technical rating. Although TVRB 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

TVRB 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 TVRB is lagging the market.

In the last month TVRB has a been trading in the 54.00 - 77.23 range, which is quite wide. It is currently trading near the lows of this range.

Warning: TVRB has an average volume of 203 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Looking at the yearly performance, TVRB did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.

TVRB is part of the Hotels, Restaurants & Leisure industry. There are 56 other stocks in this industry, TVRB did better than 67% of them.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

TVRB has an average technical rating and it also does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

40.59

77.74

5 important support areas can be observed.

A support zone ranging from 54.00 to 54.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
A support zone ranging from 49.47 to 49.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 47.79 to 48.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @42.82 from a trend line in the weekly time frame.
Support @41.00 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 61.51 to 61.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 76.97 to 76.97. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for TVRB.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TVRB.PA is down.
ChartMill Relative Strength	85.94	POSITIVE	TVRB.PA has a high relative strength, it outperformed 85.94% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of TVRB.PA is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of TVRB.PA is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of TVRB.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	46.95	NEUTRAL	The RSI value for TVRB.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.95	NEGATIVE	The MACD value suggests TVRB.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	10.32	OVERSOLD	The low Stochastics value suggests TVRB.PA may be oversold.
Average True Range in percent/ATR (20)	8.84	HIGH VOLATILITY	The high ATR as a percentage value for TVRB.PA suggests high volalility.
Average Directional Index/ADX (14)	8.19	NEGATIVE	The low ADX value for TVRB.PA suggests a weak or negative trend.