Tuscan Holdings Corp (THCB) Stock Technical Analysis
NASDAQ:THCB - Nasdaq -
Overall THCB gets a technical rating of 0 out of 10. THCB'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.
88% of all other stocks performed better in the past year than THCB.
THCB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month THCB has a been trading in the 9.52 - 15.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of THCB 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.
More info and screens
9.89
14.69
We found 1 important support area.
- A support zone ranging from 9.99 to 9.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.48 to 13.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.54 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.6
Mansfield-3.2
10 Day High13.84
10 Day Low9.52
20 Day High15.25
20 Day Low9.52
52 Week High25.2
52 Week Low9.52
Performance
1 Week-10.47%
2 Weeks-27.38%
1 Month-23.72%
3 Month-11.43%
6 Month-33.47%
12 Month-1.57%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.39
RSI(14)29.05
LBB9.34
UBB15.02
10
-0.2 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.96%
1 Week-10.47%
2 Weeks-27.38%
1 Month-23.72%
3 Month-11.43%
6 Month-33.47%
12 Month-1.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%9.11%
ATR Inc1.3%
Range Today0.93
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.6
Mansfield-3.2
10 Day High13.84
10 Day Low9.52
20 Day High15.25
20 Day Low9.52
52 Week High25.2
52 Week Low9.52
CS1 End9.99
CR1 Start13.48
Volume & EV
DER(3)-7.51%
DER(5)-7.33%
Volume1.85M
Volume Incr75.47%
Vol(5)1.36M
Vol(50)897.96K