TIMKEN CO (TKR)
US8873891043 - Common Stock
Taking everything into account, TKR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TKR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TKR did better than 75% of all other stocks. On top of that, TKR also shows a nice and consistent pattern of rising prices.
TKR 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 TKR is lagging the market slightly.
TKR is an average performer in the Machinery industry, it outperforms 63% of 132 stocks in the same industry.
In the last month TKR has a been trading in the 83.90 - 94.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TKR has an excellent technical rating and 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. There is a support zone below the current price at 87.45, a Stop Loss order could be placed below this zone.
More info and screens
68.84
92.68
4 important support areas can be observed.
- A support zone ranging from 86.70 to 87.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 83.17 to 84.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.32 from a trend line in the weekly time frame.
- Support @69.54 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 91.08 to 91.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.22
Mansfield-0.13
10 Day High93.66
10 Day Low89.1
20 Day High94.71
20 Day Low83.9
52 Week High95.08
52 Week Low65.71
Performance
1 Week-1.2%
2 Weeks1.27%
1 Month6%
3 Month10.92%
6 Month21.75%
12 Month21.6%
2 Year48.4%
3 Year2.46%
5 Year105.93%
10 Year41.12%
15 Year435.95%
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)57.07
LBB87.6
UBB93.28
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 |
|---|---|---|---|
| 91.77 | 89.09 | 2.68 (2.92%) | 25.00% |
| An entry @91.77. This is a Buy Stop order right above the resistance zone. | An exit @89.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.68 points, which is 2.92%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TKR. Please evaluate whether better entry and exit points can be found.
- 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.
TIMKEN CO
NYSE:TKR (5/17/2024, 7:04:00 PM)
After market: 90.63 0 (0%)90.63
-0.16 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.18%
1 Week-1.2%
2 Weeks1.27%
1 Month6%
3 Month10.92%
6 Month21.75%
12 Month21.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.12
ATR(20)%2.27%
ATR Inc
Range Today0.97
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 High93.66
10 Day Low89.1
20 Day High94.71
20 Day Low83.9
52 Week High95.08
52 Week Low65.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume306.40K
Volume Incr-33.13%
Vol(5)356.38K
Vol(50)463.89K