TERNIUM SA-SPONSORED ADR (TX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TX - US8808901081 - ADR
We assign a technical rating of 10 out of 10 to TX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TX is showing a nice and steady performance.
Although TX has an excellent technical rating, it does not present a decent entry opportunity 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
34.86
2 important support areas can be observed.
- A support zone ranging from 38.45 to 38.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.21 to 36.49. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for TX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TX is up. |
| ChartMill Relative Strength | 82.88 | POSITIVE | TX has a high relative strength, it outperformed 82.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TX is above the rising 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) | UP | POSITIVE | The current price of TX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.66 | NEUTRAL | The RSI value for TX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests TX has a positive trend. |
| Stochastics (14,3) | 93.43 | OVERBOUGHT | The high Stochastics value suggests TX may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for TX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.47 | NEGATIVE | The low ADX value for TX suggests a weak or negative trend. |
NYSE:TX (12/4/2025, 1:09:54 PM)
38.49
+0.05 (+0.13%)
TERNIUM SA-SPONSORED ADR / TX FAQ
Can you provide the ChartMill technical rating for TERNIUM SA-SPONSORED ADR?
ChartMill assigns a technical rating of 10 / 10 to TX.
What is the trend direction for TX stock?
The current trend direction for TERNIUM SA-SPONSORED ADR (TX) is Bullish.
What is the RSI signal for TERNIUM SA-SPONSORED ADR (TX) stock?
TERNIUM SA-SPONSORED ADR (TX) has an RSI value of 66.6627. This indicates that the stock is currently neutral.
What is the short term momentum for TERNIUM SA-SPONSORED ADR (TX) stock?
The short term momentum for TERNIUM SA-SPONSORED ADR (TX) is positive.
What is the support and resistance level for TX stock?
TERNIUM SA-SPONSORED ADR (TX) has a support level at 36.49 and a resistance level at 38.45. Check the full technical report for our detailed analysis of TX support and resistance levels.