TECOGEN INC/WALTHAM MA (TGEN) Stock Technical Analysis
NYSEARCA:TGEN - US87876P2011 - Common Stock
7.64 USD
-0.09 (-1.16%)
7.6499 USD
+0.01 (+0.13%)
Overall TGEN gets a technical rating of 3 out of 10. In the last year, TGEN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than TGEN.
TGEN is part of the Building Products industry. There are 41 other stocks in this industry, of which 90% are performing better than TGEN.
In the last month TGEN has a been trading in the 7.20 - 11.55 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 short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TGEN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
5.70
9.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.63 to 7.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @9.43 from a horizontal line in the daily time frame.
- Resistance @9.68 from a horizontal line 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 TGEN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TGEN is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | TGEN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TGEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TGEN is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 44.99 | NEUTRAL | The RSI value for TGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests TGEN has a negative trend. |
| Stochastics (14,3) | 6.92 | OVERSOLD | The low Stochastics value suggests TGEN may be oversold. |
| Average True Range in percent/ATR (20) | 15.45 | HIGH VOLATILITY | The high ATR as a percentage value for TGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.52 | POSITIVE | The high ADX value value for TGEN 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)
7.64
-0.09 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-1.16%
1 Week-15.95%
2 Weeks-7.84%
1 Month-16.78%
3 Month61.18%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%15.45%
ATR Inc-35.75%
Range Today0.73
ADR(20)1.15
ADR(20)%15.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High9.66
10 Day Low7.2
20 Day High11.55
20 Day Low7.2
52 Week HighN/A
52 Week LowN/A
CS1 End7.63
CR1 Start9.43
Volume & EV
DER(3)-4.99%
DER(5)-3.35%
Volume520.50K
Volume Incr-48.23%
Vol(5)529.28K
Vol(50)937.56K