TERNIUM SA-SPONSORED ADR (TX) Stock Technical Analysis
NYSE:TX - New York Stock Exchange, Inc. - US8808901081 - ADR - Currency: USD
Overall TX gets a technical rating of 3 out of 10. TX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, TX is a bad performer in the overall market: 65% of all stocks are doing better.
TX is one of the lesser performing stocks in the Metals & Mining industry. 75% of 157 stocks in the same industry do better.
In the last month TX has a been trading in the 29.98 - 33.24 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
TX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TX is lagging the market.
Although the technical rating is bad, TX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 30.89, a Stop Loss order could be placed below this zone.
More info and screens
27.11
33.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 30.47 to 30.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.61 from a trend line in the weekly time frame.
- Support @27.38 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 31.53 to 31.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.53 to 33.05. 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 TX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TX is neutral. |
| ChartMill Relative Strength | 35.57 | NEUTRAL | TX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.88 | NEUTRAL | The RSI value for TX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests TX has a negative trend. |
| Stochastics (14,3) | 29.35 | NEUTRAL | The Stochastics value for TX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for TX suggests some volalility. |
| Average Directional Index/ADX (14) | 12.63 | NEGATIVE | The low ADX value for TX suggests a weak or negative 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)
NYSE:TX (8/7/2025, 1:16:50 PM)
31.23
+0.11 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.35%
1 Week-4.69%
2 Weeks-2.26%
1 Month-3.56%
3 Month9.15%
6 Month3.98%
12 Month-8.66%
2 Year-25.51%
3 Year1.01%
5 Year74.05%
10 Year118.85%
15 Year-5.04%
Volatility
ATR(14)1.01
ATR(20)%3.14%
ATR Inc-34.17%
Range Today0.7
ADR(20)0.95
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.57
Mansfield-0.82
10 Day High33.24
10 Day Low30.44
20 Day High33.24
20 Day Low29.98
52 Week High37.98
52 Week Low24
CS1 End30.89
CR1 Start31.53
Volume & EV
DER(3)2.4%
DER(5)1.88%
Volume57.83K
Volume Incr31.93%
Vol(5)289.40K
Vol(50)215.38K