BLACKROCK TCP CAPITAL CORP (TCPC) Stock Technical Analysis
NASDAQ:TCPC - US09259E1082 - Common Stock
7.08 USD
-0.02 (-0.28%)
7.08 USD
0 (0%)
We assign a technical rating of 0 out of 10 to TCPC. TCPC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than TCPC.
TCPC is one of the lesser performing stocks in the Capital Markets industry. 82% of 238 stocks in the same industry do better.
TCPC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
TCPC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, TCPC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.01, a Stop Loss order could be placed below this zone.
More info and screens
6.40
8.18
We found 2 important support areas.
- A support zone ranging from 7.00 to 7.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.46 to 6.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.41 to 7.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.84 to 8.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for TCPC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCPC is down. |
| ChartMill Relative Strength | 11.73 | NEGATIVE | TCPC has a low relative strength, it was outperformed by 88.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCPC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCPC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCPC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.62 | NEUTRAL | The RSI value for TCPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TCPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.93 | NEUTRAL | The Stochastics value for TCPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TCPC suggests some volalility. |
| Average Directional Index/ADX (14) | 35.28 | POSITIVE | The high ADX value value for TCPC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.08
-0.02 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.28%
1 Week0.43%
2 Weeks0.14%
1 Month-5.73%
3 Month-7.93%
6 Month-25.08%
12 Month-24.28%
2 Year-42.63%
3 Year-47.79%
5 Year-28.19%
10 Year-54.67%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%2.45%
ATR Inc-37.71%
Range Today0.12
ADR(20)0.16
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.73
Mansfield-2.12
10 Day High7.24
10 Day Low6.97
20 Day High7.53
20 Day Low6.81
52 Week High9.72
52 Week Low6.27
CS1 End7.01
CR1 Start7.41
Volume & EV
DER(3)1.26%
DER(5)0.2%
Volume356.50K
Volume Incr-31.85%
Vol(5)386.84K
Vol(50)507.66K