Taking everything into account, TGEN scores 0 out of 10 in our technical rating. TGEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than TGEN.
- TGEN is one of the lesser performing stocks in the Building Products industry. 92% of 42 stocks in the same industry do better.
- In the last month TGEN has a been trading in the 4.22 - 6.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TGEN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.70
We found 2 important support areas.
- A support zone ranging from 4.91 to 4.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.55 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 | DOWN | NEGATIVE | The long term trend for TGEN is down. |
| 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) | DOWN | NEGATIVE | The current price of TGEN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.7 | NEUTRAL | The RSI value for TGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TGEN has a positive trend. |
| Stochastics (14,3) | 37.38 | NEUTRAL | The Stochastics value for TGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 10.28 | HIGH VOLATILITY | The high ATR as a percentage value for TGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for TGEN suggests a possible start of a new trend. |
4.93
+0.19 (+4.01%)
TECOGEN INC/WALTHAM MA / TGEN FAQ
What is the technical rating for TGEN stock?
ChartMill assigns a technical rating of 0 / 10 to TGEN.
What is the current trend direction of TECOGEN INC/WALTHAM MA (TGEN) stock?
The current trend direction for TECOGEN INC/WALTHAM MA (TGEN) is Bearish.
What is the RSI signal for TGEN stock?
TECOGEN INC/WALTHAM MA (TGEN) has an RSI value of 42.6999. This indicates that the stock is currently neutral.
What is the MACD signal for TGEN stock?
The MACD indicator for TECOGEN INC/WALTHAM MA (TGEN) has a value of 0.0595643, indicating a bearish trend.
What is the buy/sell signal for TECOGEN INC/WALTHAM MA (TGEN) stock?
The buy/sell signal for TECOGEN INC/WALTHAM MA (TGEN) is sell as both the short term and long term trends are negative.