TERNIUM SA-SPONSORED ADR (TX) Technical Analysis
NYSE:TX • US8808901081
Current stock price
TX Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to TX. Both in the recent history as in the last year, TX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- TX is one of the lesser performing stocks in the Metals & Mining industry. 60% of 163 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TX did better than 79% of all other stocks. We also observe that the gains produced by TX over the past year are nicely spread over this period.
- TX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TX is lagging the market slightly.
- In the last month TX has a been trading in the 38.05 - 44.24 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
TX Weekly and Daily overview Charts
TX Setup Rating and Analysis
Besides having an excellent technical rating, TX also presents a decent setup pattern. 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. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
TX Support and Resistance Analysis
36.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.06 to 41.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.53 to 38.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 36.95 to 37.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @43.82 from a horizontal line in the weekly time frame.
TX Technical Indicator Signal Analysis
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 | 79.45 | POSITIVE | TX has a high relative strength, it outperformed 79.45% 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) | DOWN | MIXED | The current price of TX is above a declining 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) | 59.33 | NEUTRAL | The RSI value for TX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests TX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.92 | NEUTRAL | The Stochastics value for TX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for TX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.29 | NEGATIVE | The low ADX value for TX suggests a weak or negative trend. |
TX Chart- and CandleStick Pattern Analysis
TX Example Setup
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 |
|---|---|---|---|
| 43.83 | 41.64 | 2.19 (5.00%) | 20.01% |
| An entry @43.83. This is a Buy Stop order right above the resistance zone. | An exit @41.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.19 points, which is 5.00%. | For a 1.00% total portfolio risk, you can invest 20.01% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TX Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:TX (4/28/2026, 11:17:52 AM)
42.82
-0.17 (-0.4%)
TERNIUM SA-SPONSORED ADR / TX TA 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 current trend direction of TERNIUM SA-SPONSORED ADR (TX) stock?
The current trend direction for TERNIUM SA-SPONSORED ADR (TX) is Bullish.
Can you provide the RSI signal for TERNIUM SA-SPONSORED ADR?
TERNIUM SA-SPONSORED ADR (TX) has an RSI value of 59.3336. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TERNIUM SA-SPONSORED ADR?
The short term momentum for TERNIUM SA-SPONSORED ADR (TX) is positive.
Can you provide the support and resistance levels for TERNIUM SA-SPONSORED ADR?
TERNIUM SA-SPONSORED ADR (TX) has a support level at 41.7 and a resistance level at 43.82. Check the full technical report for our detailed analysis of TX support and resistance levels.