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TIMB forms Hammer Candlestick on July 16

TIM S.A. (TIMB) — Daily Technical Analysis & Swing Trading Signals · Jul 16, 2026, 17:51 ET
TIMB closed down 1.34% on Thursday, July 16th, with volume running 0.4× below average. Mixed technical signals appeared with Hammer Candlestick suggesting upside potential, while Fell Below 50 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 21.85, 21.63 & 21.47, with resistance at 22.23, 22.39 & 22.61. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of TIMB: D

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