TERNIUM SA-SPONSORED ADR (TX) Stock Technical Analysis
NYSE:TX - New York Stock Exchange, Inc. - US8808901081 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to TX. TX'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TX is a bad performer in the overall market: 85% of all stocks are doing better.
TX is one of the lesser performing stocks in the Metals & Mining industry. 76% of 150 stocks in the same industry do better.
TX 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.
In the last month TX has a been trading in the 28.00 - 31.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 28.78, a Stop Loss order could be placed below this zone.
More info and screens
28.24
45.00
When analyzing the support we notice one important area.
- A support zone ranging from 28.53 to 28.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 29.72 to 30.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.14 to 31.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @32.10 from a trend line in the daily time frame.
- Resistance @38.01 from a horizontal line in the daily time frame.
- Resistance @43.35 from a horizontal line in the weekly time frame.
- Resistance @44.55 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
CRS15.42
Mansfield-2.43
10 Day High31.48
10 Day Low28
20 Day High31.48
20 Day Low28
52 Week High44.44
52 Week Low28
Performance
1 Week-0.74%
2 Weeks-2.81%
1 Month1.24%
3 Month-12.08%
6 Month-13.94%
12 Month-26.23%
2 Year-31.03%
3 Year-25.18%
5 Year66.05%
10 Year66.05%
15 Year-14.14%
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)-0.02
RSI(14)46.01
LBB29.07
UBB31.17
29.39
-0.4 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.34%
1 Week-0.74%
2 Weeks-2.81%
1 Month1.24%
3 Month-12.08%
6 Month-13.94%
12 Month-26.23%
2 Year-31.03%
3 Year-25.18%
5 Year66.05%
10 Year66.05%
15 Year-14.14%
Volatility
ATR(14)1.24
ATR(20)%3.68%
ATR Inc-29.3%
Range Today0.59
ADR(20)1.02
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.42
Mansfield-2.43
10 Day High31.48
10 Day Low28
20 Day High31.48
20 Day Low28
52 Week High44.44
52 Week Low28
CS1 End28.78
CR1 Start29.72
Volume & EV
DER(3)0.86%
DER(5)1.58%
Volume290.00K
Volume Incr17.51%
Vol(5)316.86K
Vol(50)236.98K