TRIANGLE CAP CORP (TCAP) Stock Technical Analysis
NYSE:TCAP - New York Stock Exchange, Inc. - US8958481090
Overall TCAP gets a technical rating of 4 out of 10. In the last year, TCAP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is only medium, TCAP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.74, a Stop Loss order could be placed below this zone.
More info and screens
11.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.62 to 11.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.18 to 11.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.91 to 12.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.30 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TCAP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TCAP is neutral. |
| ChartMill Relative Strength | 23.02 | NEGATIVE | TCAP has a low relative strength, it was outperformed by 76.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCAP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCAP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TCAP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.19 | NEUTRAL | The RSI value for TCAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TCAP has a negative trend. |
| Stochastics (14,3) | 30.52 | NEUTRAL | The Stochastics value for TCAP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for TCAP suggests low volalility. |
NYSE:TCAP (8/2/2018, 8:23:46 PM)
11.8
-0.09 (-0.76%)