TRIPLE FLAG PRECIOUS MET (TFPM) Technical Analysis
NYSE:TFPM • CA89679M1041
Current stock price
TFPM Technical Rating and Analysis
Taking everything into account, TFPM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TFPM is showing a nice and steady performance.
- In the last month TFPM has a been trading in the 34.45 - 41.70 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- 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 91% of all stocks. On top of that, TFPM also shows a nice and consistent pattern of rising prices.
- TFPM 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 TFPM is performing more or less in line with the market.
- TFPM is part of the Metals & Mining industry. There are 157 other stocks in this industry, TFPM did better than 53% of them.
TFPM Weekly and Daily overview Charts
TFPM Setup Rating and Analysis
Although TFPM 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
TFPM Support and Resistance Analysis
32.04
We found 2 important support areas.
- A support zone ranging from 34.66 to 34.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.36 to 33.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 38.37 to 39.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | 91.99 | POSITIVE | TFPM has a high relative strength, it outperformed 91.99% 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) | UP | MIXED | The current price of TFPM is below 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) | 41.86 | NEUTRAL | The RSI value for TFPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests TFPM has a negative trend. |
| Stochastics (14,3) | 22.3 | NEUTRAL | The Stochastics value for TFPM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for TFPM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.75 | NEGATIVE | The low ADX value for TFPM suggests a weak or negative trend. |
TFPM Chart- and CandleStick Pattern Analysis
TFPM Technicals: Chart, Performance Metrics, Trend & Indicators
35.89
-1.6 (-4.27%)
TRIPLE FLAG PRECIOUS MET / TFPM TA 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 41.8567. 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 neutral.