Taking everything into account, TCPC scores 1 out of 10 in our technical rating. TCPC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of TCPC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.40
When analyzing the support we notice one important area.
- A support zone ranging from 5.45 to 5.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.94 to 6.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.22 from a trend line in the weekly time frame.
- Resistance @8.05 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 | 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 | 13.15 | NEGATIVE | TCPC has a low relative strength, it was outperformed by 86.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TCPC is below the rising 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) | 35.24 | NEUTRAL | The RSI value for TCPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TCPC has a negative trend. |
| Stochastics (14,3) | 11.46 | OVERSOLD | The low Stochastics value suggests TCPC may be oversold. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for TCPC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for TCPC suggests a possible start of a new trend. |
5.62
-0.08 (-1.4%)
BLACKROCK TCP CAPITAL CORP / TCPC FAQ
What is the technical rating for TCPC stock?
ChartMill assigns a technical rating of 1 / 10 to TCPC.
Can you provide the trend direction for BLACKROCK TCP CAPITAL CORP?
The current trend direction for BLACKROCK TCP CAPITAL CORP (TCPC) is Bearish.
What is the RSI signal for TCPC stock?
BLACKROCK TCP CAPITAL CORP (TCPC) has an RSI value of 35.2405. This indicates that the stock is currently neutral.
What is the MACD signal for BLACKROCK TCP CAPITAL CORP (TCPC) stock?
The MACD indicator for BLACKROCK TCP CAPITAL CORP (TCPC) has a value of -0.0477772, indicating a bearish trend.
What is the buy/sell signal for BLACKROCK TCP CAPITAL CORP (TCPC) stock?
The buy/sell signal for BLACKROCK TCP CAPITAL CORP (TCPC) is sell as both the short term and long term trends are negative.