TRIPLE FLAG PRECIOUS MET (TFPM) Technical Analysis
NYSE:TFPM • CA89679M1041
Current stock price
TFPM Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to TFPM. TFPM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- 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 TFPM is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by TFPM over the past year are nicely spread over this period.
- TFPM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TFPM is lagging the market slightly.
- TFPM is an average performer in the Metals & Mining industry, it outperforms 46% of 163 stocks in the same industry.
- In the last month TFPM has a been trading in the 30.61 - 37.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TFPM Weekly and Daily overview Charts
TFPM Setup Rating and Analysis
TFPM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 32.04, a Stop Loss order could be placed below this zone.
More info and screens
TFPM Support and Resistance Analysis
29.40
We found 3 important support areas.
- A support zone ranging from 31.56 to 32.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.54 to 30.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.74 to 36.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TFPM Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for TFPM is neutral. |
| ChartMill Relative Strength | 81.72 | POSITIVE | TFPM has a high relative strength, it outperformed 81.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TFPM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TFPM is below 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) | 43.52 | NEUTRAL | The RSI value for TFPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests TFPM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.22 | NEUTRAL | The Stochastics value for TFPM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for TFPM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for TFPM suggests a weak or negative trend. |
TFPM Chart- and CandleStick Pattern Analysis
TFPM Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.62 | 34.14 | 1.48 (4.15%) | 24.10% |
| An entry @35.62. This is a Buy Stop order right above the 10 day moving average. | An exit @34.14. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.48 points, which is 4.15%. | When investing 24.10% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TFPM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TFPM Technicals: Chart, Performance Metrics, Trend & Indicators
34.19
-1.96 (-5.42%)
TRIPLE FLAG PRECIOUS MET / TFPM TA FAQ
What is the technical rating for TFPM stock?
ChartMill assigns a technical rating of 7 / 10 to TFPM.
Can you provide the trend direction for TRIPLE FLAG PRECIOUS MET?
The current trend direction for TRIPLE FLAG PRECIOUS MET (TFPM) is Bullish.
What is the RSI signal for TRIPLE FLAG PRECIOUS MET (TFPM) stock?
TRIPLE FLAG PRECIOUS MET (TFPM) has an RSI value of 43.5197. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TRIPLE FLAG PRECIOUS MET?
The short term momentum for TRIPLE FLAG PRECIOUS MET (TFPM) is neutral.
What are the support and resistance levels for TRIPLE FLAG PRECIOUS MET (TFPM) stock?
TRIPLE FLAG PRECIOUS MET (TFPM) has a support level at 32.04 and a resistance level at 34.74. Check the full technical report for our detailed analysis of TFPM support and resistance levels.