Terraform Power Inc (TERP) Stock Technical Analysis
NASDAQ:TERP - Nasdaq -
We assign a technical rating of 8 out of 10 to TERP. Both in the recent history as in the last year, TERP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that TERP is one of the better performing stocks in the market, outperforming 77% of all stocks.
TERP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TERP is performing more or less in line with the market.
TERP has an average volume of 1697920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TERP has a been trading in the 18.68 - 21.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TERP has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.71
21.56
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.73 to 19.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.51 to 17.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.86 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @19.47 from a trend line in the daily time frame.
- Resistance @21.35 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.01
Mansfield0.43
10 Day High21.98
10 Day Low19.06
20 Day High21.98
20 Day Low18.68
52 Week High21.98
52 Week Low11.4
Performance
1 Week-8.16%
2 Weeks-6.88%
1 Month3.64%
3 Month15.04%
6 Month6.97%
12 Month23.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)45.48
LBB19.03
UBB22.31
19.35
-1.46 (-7.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.02%
1 Week-8.16%
2 Weeks-6.88%
1 Month3.64%
3 Month15.04%
6 Month6.97%
12 Month23.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%3.74%
ATR Inc142.9%
Range Today1.91
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.01
Mansfield0.43
10 Day High21.98
10 Day Low19.06
20 Day High21.98
20 Day Low18.68
52 Week High21.98
52 Week Low11.4
CS1 End19.2
CR1 Start19.47
Volume & EV
DER(3)-1.35%
DER(5)-1.39%
Volume32.88M
Volume Incr808.6%
Vol(5)9.05M
Vol(50)1.70M