TAILWIND ACQUISITION CORP-A (TWND) Stock Technical Analysis
NYSEARCA:TWND - NYSE Arca - US87403Q1022 - Common Stock - Currency: USD
Taking everything into account, TWND scores 4 out of 10 in our technical rating. TWND has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
TWND is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TWND is lagging the market slightly.
In the last month TWND has a been trading in the 6.22 - 10.16 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, TWND turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, TWND does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.97. Right above this resistance zone may be a good entry point.
More info and screens
9.70
10.36
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.97 to 10.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.25 to 10.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TWND is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TWND is up. |
| ChartMill Relative Strength | 55.68 | NEUTRAL | TWND is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TWND is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TWND is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TWND is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.54 | NEUTRAL | The RSI value for TWND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests TWND has a positive trend. |
| Stochastics (14,3) | 79.44 | NEUTRAL | The Stochastics value for TWND is a neutral value. |
| Average True Range in percent/ATR (20) | 10.53 | HIGH VOLATILITY | The high ATR as a percentage value for TWND suggests high volalility. |
| Average Directional Index/ADX (14) | 34.05 | POSITIVE | The high ADX value value for TWND suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.8
+0.65 (+7.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.1%
1 Week22.5%
2 Weeks7.57%
1 Month17.65%
3 Month-2.78%
6 Month-1.75%
12 Month-0.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%10.53%
ATR Inc-42.06%
Range Today0.83
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.68
Mansfield-0.15
10 Day High9.94
10 Day Low6.22
20 Day High10.16
20 Day Low6.22
52 Week High10.3
52 Week Low6.22
CS1 EndN/A
CR1 Start9.97
Volume & EV
DER(3)-0.32%
DER(5)1.82%
Volume98.50K
Volume Incr154.62%
Vol(5)91.70K
Vol(50)41.59K