NYSE:TX - US8808901081 - ADR
Taking everything into account, TX scores 8 out of 10 in our technical rating. Although TX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
TX has an excellent technical rating, but the quality of the setup is 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.
30.06
2 important support areas can be observed.
We found 1 important resistance area.
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 | 58.99 | NEUTRAL | TX is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of TX is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 61.88 | NEUTRAL | The RSI value for TX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests TX has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 88.7 | OVERBOUGHT | The high Stochastics value suggests TX may be overbought. |
Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for TX suggests some volalility. |
Average Directional Index/ADX (14) | 18 | NEGATIVE | The low ADX value for TX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
34.60 | 32.10 | 2.50 (7.23%) | 13.84% |
An entry @34.60. This is a Buy Stop order right above the resistance zone. | An exit @32.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.50 points, which is 7.23%. | When investing 13.84% of your capital in this trade, your total portfolio risk will be 1.00%. |
NYSE:TX (9/8/2025, 12:20:49 PM)
34.135
-0.45 (-1.29%)