Technical Analysis for TMC - TMC the metals company Inc.

Grade Last Price % Change Price Change
F 5.11 -6.41% -0.35
TMC closed down 6.41 percent on Friday, September 24, 2021, on 3.77 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical TMC trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Volume Surge Other 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Older End-of-Day Signals for TMC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Previous Day's High about 15 hours ago
200 DMA Resistance about 15 hours ago
50 DMA Resistance about 15 hours ago
20 DMA Resistance about 15 hours ago
10 DMA Resistance about 15 hours ago
View Earlier Intraday Alerts

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Profile

TMC the metals company Inc. is an explorer of lower impact battery metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for the clean energy transition with the least possible environmental and social impact and (2) accelerate the transition to a circular metal economy. TMC through its subsidiaries holds exploration and commercial rights to three contract areas which host an estimated 1.6 billion tonnes (wet) of polymetallic nodules containing high grade nickel, copper, cobalt and manganese, in the Clarion Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru (NORI), Kiribati (Marawa) and the Kingdom of Tonga (TOML).
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Chemical Elements Nickel Manganese Cobalt Copper Dietary Minerals Transition Metals Native Element Minerals Polymetal

Is TMC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.39
52 Week Low 5.08
Average Volume 4,410,229
200-Day Moving Average 10.27
50-Day Moving Average 9.87
20-Day Moving Average 9.76
10-Day Moving Average 9.17
Average True Range 1.64
ADX 27.67
+DI 22.02
-DI 31.93
Chandelier Exit (Long, 3 ATRs) 10.46
Chandelier Exit (Short, 3 ATRs) 10.01
Upper Bollinger Bands 13.66
Lower Bollinger Band 5.86
Percent B (%b) -0.1
BandWidth 79.92
MACD Line -0.87
MACD Signal Line -0.22
MACD Histogram -0.6528
Fundamentals Value
Market Cap 153.3 Million
Num Shares 30 Million
EPS -99999.99
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 0.00
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.39
Resistance 3 (R3) 6.52 6.22 6.17
Resistance 2 (R2) 6.22 5.90 6.16 6.10
Resistance 1 (R1) 5.67 5.70 5.52 5.54 6.03
Pivot Point 5.37 5.37 5.30 5.31 5.37
Support 1 (S1) 4.82 5.05 4.67 4.69 4.19
Support 2 (S2) 4.52 4.85 4.46 4.12
Support 3 (S3) 3.97 4.52 4.05
Support 4 (S4) 3.84