TRANSPHORM INC (TGAN) Stock Technical Analysis
NASDAQ:TGAN - Nasdaq - US89386L1008 - Common Stock - Currency: USD
Overall TGAN gets a technical rating of 7 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TGAN is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TGAN is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. TGAN outperforms 89% of them.
A new 52 week high is currently being made by TGAN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so TGAN is leading the market.
In the last month TGAN has a been trading in the 4.72 - 5.11 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that TGAN is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TGAN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.69
5.15
We found 1 important support area.
- A support zone ranging from 4.74 to 4.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TGAN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGAN is neutral. |
| ChartMill Relative Strength | 90.99 | POSITIVE | TGAN has a high relative strength, it outperformed 90.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TGAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TGAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.57 | OVERBOUGHT | The high RSI value suggests TGAN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TGAN has a positive trend. |
| Stochastics (14,3) | 46.63 | NEUTRAL | The Stochastics value for TGAN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for TGAN suggests low volalility. |
| Average Directional Index/ADX (14) | 24.95 | NEUTRAL | The ADX value for TGAN suggests a possible start of a new 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)
5.1
+0.34 (+7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg7.14%
1 Week6.47%
2 Weeks6.25%
1 Month4.08%
3 Month3.87%
6 Month36.73%
12 Month48.26%
2 Year33.86%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.26%
ATR Inc282.69%
Range Today0.02
ADR(20)0.05
ADR(20)%0.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.99
Mansfield2
10 Day High5.11
10 Day Low4.72
20 Day High5.11
20 Day Low4.72
52 Week High5.11
52 Week Low1.94
CS1 End4.9
CR1 StartN/A
Volume & EV
DER(3)1.76%
DER(5)-1.76%
Volume1.57M
Volume Incr335.72%
Vol(5)449.58K
Vol(50)190.53K