TREDEGAR CORP (TG)

US8946501009 - Common Stock

5.35  -0.73 (-12.01%)

After market: 5.43 +0.08 (+1.5%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to TG. TG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

78% of all other stocks performed better in the past year than TG.
TG is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 76% are performing better than TG.
In the last month TG has a been trading in the 5.29 - 6.79 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
TG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TG is lagging the market.
Weekly and Daily overview Charts
TG Weekly chart
TG Daily chart
Setup Rating and Analysis

2

The technical rating of TG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

4.94

6.63

When analyzing the support we notice one important area.

  • Support @4.99 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 6.51 to 6.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.42
Mansfield-1.6
10 Day High6.62
10 Day Low5.29
20 Day High6.79
20 Day Low5.29
52 Week High7.89
52 Week Low3.98
Performance
1 Week-17.57%
2 Weeks-15.48%
1 Month-17.18%
3 Month15.3%
6 Month9.63%
12 Month-29.79%
2 Year-55.82%
3 Year-64.89%
5 Year-65.68%
10 Year-74.82%
15 Year-61.84%
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)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)26.52
LBB5.73
UBB6.88
TG Daily chart

TREDEGAR CORP

NYSE:TG (5/17/2024, 7:04:00 PM)

After market: 5.43 +0.08 (+1.5%)

5.35

-0.73 (-12.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-12.01%
1 Week-17.57%
2 Weeks-15.48%
1 Month-17.18%
3 Month15.3%
6 Month9.63%
12 Month-29.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%4.22%
ATR Inc
Range Today0.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.62
10 Day Low5.29
20 Day High6.79
20 Day Low5.29
52 Week High7.89
52 Week Low3.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume342.00K
Volume Incr31.96%
Vol(5)143.12K
Vol(50)152.69K