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Is TM setting up for a drop? Fell Below 50 Day Moving Average shows up after dropping 1.75%
On Thursday, July 23rd, TM moved down 1.75% while volume shrunk to 0.7× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 175.79, 174.77 & 173.53, with resistance at 178.04, 179.28 & 180.29.
Current SwingTradeBot Technical Rating of TM: D
What else did TM do today? Find out on SwingTradeBot.
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