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(TX) Ternium S complete technical analysis [charts+indicators] | Buy/Sell Ternium S | (TX) share price targets

Complete technical analysis of Ternium S (TX) by charts plus indicators, forecast predictions and share price targets for Ternium S (TX)

Ternium S trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-03-12 View latest technical analysis

10 day averaged volume of Ternium S is 142030

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	40.51	40.64	40.82	40.26	0.515 times
11 Mon Mar 2024	40.30	40.00	40.32	39.73	0.824 times
08 Fri Mar 2024	40.10	39.31	40.27	39.31	0.997 times
07 Thu Mar 2024	39.28	39.66	39.93	39.27	0.848 times
06 Wed Mar 2024	39.35	39.11	39.79	39.11	1.149 times
05 Tue Mar 2024	38.42	38.99	39.00	38.15	0.763 times
04 Mon Mar 2024	39.15	40.23	40.41	39.12	1.024 times
01 Fri Mar 2024	40.36	40.60	40.91	40.21	0.844 times
29 Thu Feb 2024	40.54	39.77	40.59	39.77	1.312 times
28 Wed Feb 2024	39.65	40.10	40.38	39.49	1.088 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.5, but if it comes below 40.5, then a intra day sell could be more profitable.
If you take a sell trade below 40.5, then use 40.5 as stoploss and 39.25 as target. However if you take a buy trade in stock , then use 40.5 as stoploss and 42 as target.

Share price targets for Ternium S (TX)

Target Type	Value
Downside Target	35.22
Downside Target	36.59
Downside Target	38.15
Downside Target	39.46
Upside Target	40.82
Upside Target	40.91
Upside Target	41.24
Upside Target	41.34
Upside Target	42.23
Upside Target	43.49

Intraday share price targets for Ternium S (TX)

Target Type	Value
Downside Intraday Target	39.89
Downside Intraday Target	39.26
Upside Intraday Target	40.98
Upside Intraday Target	41.44
Downside Intraday Target	40.35

Weekly technical analysis of Ternium S (TX)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	40.51	40.00	40.82	39.73	0.28 times
08 Fri Mar 2024	40.10	40.23	40.41	38.15	0.922 times
01 Fri Mar 2024	40.36	39.60	40.91	39.46	0.744 times
23 Fri Feb 2024	39.84	37.35	41.34	37.02	1.694 times
16 Fri Feb 2024	37.67	37.48	38.33	36.59	1.14 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ternium S (TX)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	40.51	40.60	40.91	38.15	0.331 times
29 Thu Feb 2024	40.54	38.90	41.34	36.59	0.777 times
31 Wed Jan 2024	38.66	42.19	42.23	38.18	1.16 times
29 Fri Dec 2023	42.47	39.69	43.49	38.26	0.717 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ternium S (TX)

Price action analysis of Ternium S ( (TX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ternium S ( (TX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ternium S ( (TX) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ternium S ( (TX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ternium S stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ternium S in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ternium S Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ternium S in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Ternium S is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.77 and Ternium S (TX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Ternium S (TX) stock. Volume based technical analysis of Ternium S (TX) stock is negative.

Ternium S Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.