TERNIUM SA-SPONSORED ADR (TX)

US8808901081 - ADR

31.51  -0.7 (-2.17%)

After market: 31.51 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, TX scores 0 out of 10 in our technical rating. TX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than TX.
TX is one of the lesser performing stocks in the Metals & Mining industry. 78% of 156 stocks in the same industry do better.
TX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TX has a been trading in the 31.40 - 36.28 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
TX Weekly chart
TX Daily chart
Setup Rating and Analysis

3

The technical rating of TX is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

31.19

45.00

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 33.42 to 35.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @38.01 from a horizontal line in the daily time frame.
  • Resistance @43.35 from a horizontal line in the weekly time frame.
  • Resistance @44.55 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.95
Mansfield-2.78
10 Day High34.35
10 Day Low31.4
20 Day High36.28
20 Day Low31.4
52 Week High44.44
52 Week Low30.68
Performance
1 Week-5%
2 Weeks-5.6%
1 Month-13.77%
3 Month-1.93%
6 Month-19.66%
12 Month-19.45%
2 Year3.11%
3 Year-27.6%
5 Year43.23%
10 Year78.63%
15 Year-11.04%
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)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)33.03
LBB31.52
UBB34.47
TX Daily chart

TERNIUM SA-SPONSORED ADR

NYSE:TX (12/6/2024, 8:19:27 PM)

After market: 31.51 0 (0%)

31.51

-0.7 (-2.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.17%
1 Week-5%
2 Weeks-5.6%
1 Month-13.77%
3 Month-1.93%
6 Month-19.66%
12 Month-19.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.84
ATR(20)%2.91%
ATR Inc
Range Today0.89
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.35
10 Day Low31.4
20 Day High36.28
20 Day Low31.4
52 Week High44.44
52 Week Low30.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume159.60K
Volume Incr8.16%
Vol(5)192.72K
Vol(50)159.21K