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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Ternium S.A. Ternium S.A. American Depositary Shares (each representing ten shares, USD1.00 par value) (NYSE:TX)
Countertrend Up (+85) - TX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid TX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TX
The long-term trend has been UP since Dec 18th, 2023 at 42.6600
The intermediate-term trend has been UP since Feb 21st, 2024 at 39.6500
The short-term trend has been DOWN since Apr 12th, 2024 at 42.6287
Smart Scan Analysis for TX
Based on our trend formula, TX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.7300 | 43.2100 | 42.6975 | 43.1600 | +0.2400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.9200 | 127018 | 2024-04-19 15:59:32 |
| Year High | 42.4262 | Year High Date | 2018-04-26 |
| Year Low | 25.52 | Year Low Date | 2018-09-11 |
| 52wk High | 45.575 | 52wk High Date | 2023-07-25 |
| 52wk Low | 35.22 | 52wk Low Date | 2023-11-01 |
| Year End Close | 23.55 | Average Volume | 242,957 |
| Shares Outstanding | 1,981,762 | Short Interest | 434,773 |
| % Institutional | 18.2 | Market Cap | 3,920M |
| Assets | 241,791,040M | Liabilities | 117,605,090M |
| P/E Ratio | 126.2353 | Beta | 1.66 |
| Volatility | 39.02 |