TUANCHE LTD-ADR (TC)

US89856T3023 - ADR

1.09  -0.1 (-8.41%)

Premarket: 0.9701 -0.12 (-11%)

Technical Rating and Analysis

2

Taking everything into account, TC scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. TC was also a bad performer in the overall market in the last year.

96% of all other stocks performed better in the past year than TC.
TC is one of the lesser performing stocks in the Media industry. 90% of 91 stocks in the same industry do better.
TC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month TC has a been trading in the 0.77 - 1.27 range, which is quite wide. It is currently trading near the high of this range.
TC has an average volume of 1002820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
TC Weekly chart
TC Daily chart
Setup Rating and Analysis

5

TC has a poor technical rating and the quality of the setup is also not perfect 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

0.86

2.10

When analyzing the support we notice one important area.

  • Support @0.87 from a trend line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @1.20 from a horizontal line in the daily time frame.
  • Resistance @2.03 from a trend line in the daily time frame.
  • Resistance @2.08 from a trend 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
CRS4.46
Mansfield-4.49
10 Day High1.27
10 Day Low0.82
20 Day High1.27
20 Day Low0.77
52 Week High4.3
52 Week Low0.75
Performance
1 Week19.16%
2 Weeks18.48%
1 Month13.54%
3 Month-36.63%
6 Month-39.11%
12 Month-64.26%
2 Year-91.3%
3 Year-97.43%
5 Year-98.73%
10 YearN/A
15 YearN/A
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)0.03
RSI(14)54.87
LBB0.82
UBB1.15
TC Daily chart

TUANCHE LTD-ADR

NASDAQ:TC (12/24/2024, 7:40:24 PM)

Premarket: 0.9701 -0.12 (-11%)

1.09

-0.1 (-8.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-8.41%
1 Week19.16%
2 Weeks18.48%
1 Month13.54%
3 Month-36.63%
6 Month-39.11%
12 Month-64.26%
2 Year-91.3%
3 Year-97.43%
5 Year-98.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%10.69%
ATR Inc89.56%
Range Today0.12
ADR(20)0.11
ADR(20)%10.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.46
Mansfield-4.49
10 Day High1.27
10 Day Low0.82
20 Day High1.27
20 Day Low0.77
52 Week High4.3
52 Week Low0.75
CS1 End0.87
CR1 Start1.2
Volume & EV
DER(3)6.26%
DER(5)19.35%
Volume386.60K
Volume Incr4.11%
Vol(5)199.22K
Vol(50)1.00M