TERNIUM SA-SPONSORED ADR (TX) Technical Analysis
NYSE:TX • US8808901081
Current stock price
38.32 USD
+0.84 (+2.24%)
At close:
38.32 USD
0 (0%)
After Hours:
TX Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to TX. Although TX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- TX is part of the Metals & Mining industry. There are 159 other stocks in this industry, of which 65% are performing better than TX.
- In the last month TX has a been trading in the 36.92 - 43.86 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, TX did better than 73% of all other stocks. On top of that, TX also shows a nice and consistent pattern of rising prices.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- TX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TX is lagging the market slightly.
TX Weekly and Daily overview Charts
TX Setup Rating and Analysis
TX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 37.47, a Stop Loss order could be placed below this zone.
More info and screens
TX Support and Resistance Analysis
36.58
44.26
We found 1 important support area.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 38.33 to 38.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 43.64 to 43.82. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for TX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TX is down. |
| ChartMill Relative Strength | 73.76 | POSITIVE | TX has a high relative strength, it outperformed 73.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TX is below 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) | 36.62 | NEUTRAL | The RSI value for TX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests TX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.62 | OVERSOLD | The low Stochastics value suggests TX may be oversold. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for TX suggests some volalility. |
| Average Directional Index/ADX (14) | 38.77 | POSITIVE | The high ADX value value for TX suggests a strong trend. |
TX Chart- and CandleStick Pattern Analysis
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)
TX Technicals: Chart, Performance Metrics, Trend & Indicators
38.32
+0.84 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.24%
1 Week0.47%
2 Weeks-3.11%
1 Month-11.56%
3 Month-0.31%
6 Month11.14%
12 Month23.22%
2 Year-7.93%
3 Year-7.13%
5 Year-1.34%
10 Year113.13%
15 Year6.62%
Volatility
ATR(14)1.22
ATR(20)%3.4%
ATR Inc6.85%
Range Today1
ADR(20)1.16
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.76
3 months CRS63.74
6 months CRS82.23
Mansfield0.82
10 Day High40.23
10 Day Low36.92
20 Day High43.86
20 Day Low36.92
52 Week High45.57
52 Week Low24
CS1 End37.47
CR1 Start38.33
Volume & EV
DER(3)1.55%
DER(5)1.84%
Volume95.53K
Volume Incr-16.6%
Vol(5)167.27K
Vol(50)228.70K
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 3 / 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 Bearish.
What is the RSI signal for TERNIUM SA-SPONSORED ADR (TX) stock?
TERNIUM SA-SPONSORED ADR (TX) has an RSI value of 36.6193. 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 negative.