TINEXTA SPA (TNXT.MI) Stock Technical Analysis
BIT:TNXT - Borsa Italiana Milan - IT0005037210 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to TNXT. TNXT'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TNXT is a bad performer in the overall market: 96% of all stocks are doing better.
TNXT is part of the Professional Services industry. There are 30 other stocks in this industry, of which 89% are performing better than TNXT.
TNXT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TNXT has a been trading in the 7.33 - 8.23 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, TNXT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.61, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TNXT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
7.45
18.95
When analyzing the support we notice one important area.
- A support zone ranging from 7.53 to 7.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.10 to 8.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.64 from a horizontal line in the daily time frame.
- Resistance @18.76 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.24
Mansfield-4.72
10 Day High8.13
10 Day Low7.61
20 Day High8.23
20 Day Low7.33
52 Week High19.65
52 Week Low7.33
Performance
1 Week1.67%
2 Weeks2.73%
1 Month-2.47%
3 Month-13.55%
6 Month-29.88%
12 Month-58.74%
2 Year-67.18%
3 Year-72.55%
5 Year-35.48%
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)0.05
RSI(14)49.6
LBB7.6
UBB8.08
TINEXTA SPA
BIT:TNXT (2/5/2025, 1:21:43 PM)
7.87
-0.04 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.51%
1 Week1.67%
2 Weeks2.73%
1 Month-2.47%
3 Month-13.55%
6 Month-29.88%
12 Month-58.74%
2 Year-67.18%
3 Year-72.55%
5 Year-35.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%3.64%
ATR Inc15.46%
Range Today0.19
ADR(20)0.28
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.24
Mansfield-4.72
10 Day High8.13
10 Day Low7.61
20 Day High8.23
20 Day Low7.33
52 Week High19.65
52 Week Low7.33
CS1 End7.61
CR1 Start8.1
Volume & EV
DER(3)2.94%
DER(5)5.46%
Volume15.24K
Volume Incr-2.16%
Vol(5)137.51K
Vol(50)160.04K