TRIPLE FLAG PRECIOUS MET (TFPM) Stock Technical Analysis
NYSE:TFPM • CA89679M1041
We assign a technical rating of 10 out of 10 to TFPM. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TFPM did better than 94% 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 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 part of the Metals & Mining industry. There are 157 other stocks in this industry, TFPM did better than 50% of them.
- In the last month TFPM has a been trading in the 32.05 - 40.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TFPM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 33.71, a Stop Loss order could be placed below this zone.
More info and screens
31.39
We found 2 important support areas.
- A support zone ranging from 32.36 to 33.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.71 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.23 to 36.48. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 94.19 | POSITIVE | TFPM has a high relative strength, it outperformed 94.19% 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) | 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) | 51.07 | NEUTRAL | The RSI value for TFPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TFPM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.72 | NEUTRAL | The Stochastics value for TFPM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for TFPM suggests high volalility. |
| Average Directional Index/ADX (14) | 15.98 | NEGATIVE | The low ADX value for TFPM suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 36.49 | 32.35 | 4.14 (11.35%) | 8.81% |
| An entry @36.49. This is a Buy Stop order right above the resistance zone. | An exit @32.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.14 points, which is 11.35%. | When investing 8.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
35.94
+0.37 (+1.04%)
TRIPLE FLAG PRECIOUS MET / TFPM FAQ
What is the technical rating for TFPM stock?
ChartMill assigns a technical rating of 10 / 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.
Can you provide the RSI signal for TRIPLE FLAG PRECIOUS MET?
TRIPLE FLAG PRECIOUS MET (TFPM) has an RSI value of 51.0689. 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.
Can you provide the buy/sell signal for TRIPLE FLAG PRECIOUS MET?
The buy/sell signal for TRIPLE FLAG PRECIOUS MET (TFPM) is buy as both the short term and long term trends are positive.