TRIPLE FLAG PRECIOUS MET (TFPM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TFPM - CA89679M1041 - Common Stock
Taking everything into account, TFPM scores 9 out of 10 in our technical rating. In the last year, TFPM was one of the better performers, but we do observe some doubts in the very recent evolution.
Although TFPM has an excellent technical rating, it does not present a decent entry opportunity 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.
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27.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 31.03 to 31.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.67 to 29.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.72 from a trend line in the daily time frame.
- A support zone ranging from 27.72 to 28.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.50 to 35.50. 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 | UP | POSITIVE | The long term trend for TFPM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TFPM is up. |
| ChartMill Relative Strength | 95.67 | POSITIVE | TFPM has a high relative strength, it outperformed 95.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TFPM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TFPM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TFPM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.8 | NEUTRAL | The RSI value for TFPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests TFPM has a negative trend. |
| Stochastics (14,3) | 61.42 | NEUTRAL | The Stochastics value for TFPM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for TFPM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.14 | POSITIVE | The high ADX value value for TFPM suggests a strong trend. |
33.14
-2.35 (-6.62%)
TRIPLE FLAG PRECIOUS MET / TFPM FAQ
What is the technical rating for TFPM stock?
ChartMill assigns a technical rating of 9 / 10 to TFPM.
What is the trend direction for TFPM stock?
The current trend direction for TRIPLE FLAG PRECIOUS MET (TFPM) is Bullish.
What is the RSI signal for TFPM stock?
TRIPLE FLAG PRECIOUS MET (TFPM) has an RSI value of 49.7951. This indicates that the stock is currently neutral.
What is the short term momentum for TRIPLE FLAG PRECIOUS MET (TFPM) stock?
The short term momentum for TRIPLE FLAG PRECIOUS MET (TFPM) is positive.
What is the support and resistance level for TFPM stock?
TRIPLE FLAG PRECIOUS MET (TFPM) has a support level at 31.35 and a resistance level at 35.5. Check the full technical report for our detailed analysis of TFPM support and resistance levels.