TERNIUM SA-SPONSORED ADR (TX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TX - US8808901081 - ADR
Taking everything into account, TX scores 8 out of 10 in our technical rating. 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, the quality of the presented setup is not ideal 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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34.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 36.95 to 37.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.21 to 36.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @37.88 from a horizontal line in the daily time frame.
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 | 80.21 | POSITIVE | TX has a high relative strength, it outperformed 80.21% 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) | 59.67 | NEUTRAL | The RSI value for TX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TX has a positive trend. |
| Stochastics (14,3) | 70.7 | NEUTRAL | The Stochastics value for TX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TX suggests some volalility. |
| Average Directional Index/ADX (14) | 12.3 | NEGATIVE | The low ADX value for TX suggests a weak or negative trend. |
NYSE:TX (12/2/2025, 12:38:57 PM)
37.65
+0.42 (+1.13%)
TERNIUM SA-SPONSORED ADR / TX FAQ
Can you provide the ChartMill technical rating for TERNIUM SA-SPONSORED ADR?
ChartMill assigns a technical rating of 8 / 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 59.6683. 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 36.95 and a resistance level at 37.24. Check the full technical report for our detailed analysis of TX support and resistance levels.