Overall TGEN gets a technical rating of 0 out of 10. TGEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of TGEN is bad and it also does not present a 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
4.68
When analyzing the support we notice one important area.
- Support @4.73 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.92 to 4.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.04 to 5.14. This zone is formed by a combination of multiple trend lines and important moving averages 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) | 39.74 | NEUTRAL | The RSI value for TGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TGEN has a positive trend. |
| Stochastics (14,3) | 39.51 | NEUTRAL | The Stochastics value for TGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 11.21 | HIGH VOLATILITY | The high ATR as a percentage value for TGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for TGEN suggests a possible start of a new trend. |
4.74
-0.02 (-0.42%)
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 39.7433. 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 0.0429056, 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.