TXNM ENERGY INC (TXNM)
US69349H1077 - Common Stock
Overall TXNM gets a technical rating of 5 out of 10. TXNM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, TXNM is a bad performer in the overall market: 100% of all stocks are doing better.
TXNM is one of the lesser performing stocks in the Electric Utilities industry. 93% of 47 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month TXNM has a been trading in the 47.39 - 50.28 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 only medium, TXNM 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 48.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
41.85
50.66
We found 3 important support areas.
- A support zone ranging from 48.16 to 48.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @43.89 from a trend line in the daily time frame.
- A support zone ranging from 42.27 to 42.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @50.16 from a horizontal 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
CRS0
Mansfield-30
10 Day High49.52
10 Day Low47.39
20 Day High50.28
20 Day Low47.39
52 Week HighN/A
52 Week LowN/A
Performance
1 Week0.76%
2 Weeks0.81%
1 Month-0.81%
3 Month12.16%
6 MonthN/A
12 MonthN/A
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)-0.24
RSI(14)57.74
LBB47.24
UBB49.92
TXNM ENERGY INC
NYSE:TXNM (12/24/2024, 7:42:50 PM)
After market: 48.81 0 (0%)48.81
+0.58 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.2%
1 Week0.76%
2 Weeks0.81%
1 Month-0.81%
3 Month12.16%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%1.93%
ATR Inc-10.71%
Range Today0.77
ADR(20)0.91
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High49.52
10 Day Low47.39
20 Day High50.28
20 Day Low47.39
52 Week HighN/A
52 Week LowN/A
CS1 End48.74
CR1 Start50.16
Volume & EV
DER(3)-0.41%
DER(5)-1.48%
Volume231.90K
Volume Incr31.89%
Vol(5)983.38K
Vol(50)814.47K