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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

TIM S.A. American Depositary Shares (Each representing 5 Common Shares) (NYSE:TIMB)

Sidelines Mode (-55) - TIMB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TIMB?

MarketClub looks at technical strength and momentum to determine if the timing is right for TIMB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_TIMB
Open High Low TIMB Price Change
18.05 18.05 17.15 17.14 -1.11
Entry Signal

MarketClub’s Trade Triangles for TIMB

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 17.34

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 18.28

short term down The short-term trend has been DOWN since May 7th, 2024 at 17.34

Smart Scan Analysis for TIMB

Based on our trend formula, TIMB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TIMB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.05 18.05 17.15 17.14 -1.11
Prev. Close Volume Bid Ask Time
17.14 849740 2024-05-07 15:59:46
52wk High19.1452wk High Date2024-02-27
52wk Low13.1752wk Low Date2023-05-09
Average Volume398,100Assets559,729,670M
Liabilities303,989,090MP/E Ratio90.559
Get a free daily analysis and signals for TIM S.A. American Depositary Shares (Each representing 5 Common Shares) (TIMB) - Request Your Free Report.