Technical Analysis for TC - TuanChe Limited
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Volume Surge | Other | -6.20% | |
| Wide Bands | Range Expansion | -6.20% | |
| Inside Day | Range Contraction | -10.05% | |
| Wide Bands | Range Expansion | -10.05% | |
| Wide Bands | Range Expansion | -11.86% | |
| Gapped Down | Weakness | -11.86% | |
| 20 DMA Support | Bullish | -7.68% | |
| Crossed Above 50 DMA | Bullish | -7.68% | |
| Pocket Pivot | Bullish Swing Setup | -7.68% | |
| Wide Bands | Range Expansion | -7.68% |
| Alert | Time |
|---|---|
| 3x Volume Pace | about 4 hours ago |
| Fell Below 20 DMA | about 4 hours ago |
| Down 10% | about 4 hours ago |
| 20 DMA Support | about 4 hours ago |
| 60 Minute Opening Range Breakdown | about 4 hours ago |
Free Daily (Stock) Chart Reading
- Earnings date: 10/04/2023
TuanChe Limited Description
Founded in 2010, TuanChe is a leading omni-channel automotive marketplace in China, ranking third in terms of both volume and GMV of new automobiles sold in 2017, according to the iResearch report. TuanChe offers services to connect automotive consumers with various industry players such as automakers, dealers and other automotive service providers. TuanChe has achieved rapid growth in its business by integrating its online platforms with offline sales events. Through its integrated marketing solutions, TuanChe turns individual and isolated automobile purchase transactions into large-scale collective purchase activities by creating an interactive many-to-many environment. TuanChe also provides virtual dealership services by connecting automakers and franchised dealerships with secondary dealers, which ultimately helps automakers penetrate and expand into lower-tier cities. Furthermore, leveraging its proprietary data analytics and advanced digital marketing system, TuanChe’s demand-side precision search platform helps industry customers increase the efficiency and effectiveness of their advertising placements.
Classification
Sector: Technology
Industry: Internet Content & Information
Keywords: Digital Marketing Online Platform Car Dealership Ship Services Advertising Placements
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 15.75 |
| 52 Week Low | 1.4 |
| Average Volume | 68,802 |
| 200-Day Moving Average | 4.97 |
| 50-Day Moving Average | 1.83 |
| 20-Day Moving Average | 1.79 |
| 10-Day Moving Average | 1.92 |
| Average True Range | 0.27 |
| RSI (14) | 51.46 |
| ADX | 22.43 |
| +DI | 18.65 |
| -DI | 10.98 |
| Chandelier Exit (Long, 3 ATRs) | 1.48 |
| Chandelier Exit (Short, 3 ATRs) | 2.20 |
| Upper Bollinger Bands | 2.15 |
| Lower Bollinger Band | 1.42 |
| Percent B (%b) | 0.61 |
| BandWidth | 40.99 |
| MACD Line | 0.03 |
| MACD Signal Line | 0.01 |
| MACD Histogram | 0.0222 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 2.29 | ||||
| Resistance 3 (R3) | 2.32 | 2.22 | 2.22 | ||
| Resistance 2 (R2) | 2.22 | 2.11 | 2.20 | 2.20 | |
| Resistance 1 (R1) | 2.04 | 2.04 | 1.99 | 2.01 | 2.17 |
| Pivot Point | 1.94 | 1.94 | 1.91 | 1.92 | 1.94 |
| Support 1 (S1) | 1.76 | 1.83 | 1.71 | 1.73 | 1.57 |
| Support 2 (S2) | 1.66 | 1.76 | 1.64 | 1.54 | |
| Support 3 (S3) | 1.48 | 1.66 | 1.52 | ||
| Support 4 (S4) | 1.45 |
