TRIPLE FLAG PRECIOUS MET (TFPM) Stock Technical Analysis
NYSE:TFPM - New York Stock Exchange, Inc. - CA89679M1041 - Common Stock - Currency: USD
Taking everything into account, TFPM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TFPM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TFPM did better than 93% of all other stocks. We also observe that the gains produced by TFPM over the past year are nicely spread over this period.
TFPM is part of the Metals & Mining industry. There are 155 other stocks in this industry. TFPM outperforms 71% of them.
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 currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
TFPM has an excellent technical rating, but the quality of the setup is only medium 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
14.89
24.32
We found 6 important support areas.
- A support zone ranging from 23.58 to 24.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.80 to 20.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.45 from a trend line in the daily time frame.
- Support @16.71 from a trend line in the weekly time frame.
- Support @15.36 from a horizontal line in the daily time frame.
- Support @15.04 from a horizontal line in the weekly 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 | 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 | 93.08 | POSITIVE | TFPM has a high relative strength, it outperformed 93.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TFPM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TFPM is above the rising 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) | 65.05 | NEUTRAL | The RSI value for TFPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests TFPM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.4 | NEUTRAL | The Stochastics value for TFPM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for TFPM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.42 | POSITIVE | The high ADX value value for TFPM 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)
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 |
|---|---|---|---|
| 25.37 | 23.57 | 1.80 (7.09%) | 14.09% |
| An entry @25.37. This is a Buy Stop order right above the 10 day high. | An exit @23.57. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.80 points, which is 7.09%. | For a 1.00% total portfolio risk, you can invest 14.09% of your capital in this trade. |
- 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.
24.08
+0.25 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.05%
1 Week-1.47%
2 Weeks10.41%
1 Month20.64%
3 Month27.21%
6 Month49.47%
12 Month59.47%
2 Year74.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%2.55%
ATR Inc-16.09%
Range Today0.45
ADR(20)0.55
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.08
Mansfield3.07
10 Day High25.36
10 Day Low21.54
20 Day High25.36
20 Day Low19.36
52 Week High25.36
52 Week Low13.94
CS1 End24.07
CR1 StartN/A
Volume & EV
DER(3)-3.2%
DER(5)-1.84%
Volume292.60K
Volume Incr-37.98%
Vol(5)417.92K
Vol(50)542.00K