TORNADO INFRASTRUCTURE EQUIP (TGH.CA) Stock Technical Analysis
TSX-V:TGH - TSX Venture Exchange - CA8910821096 - Common Stock - Currency: CAD
Overall TGH gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month TGH has a been trading in the 1.78 - 2.03 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that TGH is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by TGH over the past year are nicely spread over this period.
TGH is one of the better performing stocks in the Machinery industry, it outperforms 89% of 20 stocks in the same industry.
TGH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TGH is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TGH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1.87. Right above this resistance zone may be a good entry point.
More info and screens
1.04
1.91
We found 3 important support areas.
- Support @1.62 from a horizontal line in the daily time frame.
- Support @1.14 from a trend line in the weekly time frame.
- Support @1.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.87 to 1.89. 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 | UP | POSITIVE | The long term trend for TGH.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGH.CA is neutral. |
| ChartMill Relative Strength | 90.88 | POSITIVE | TGH.CA has a high relative strength, it outperformed 90.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TGH.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGH.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TGH.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.14 | NEUTRAL | The RSI value for TGH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TGH.CA has a negative trend. |
| Stochastics (14,3) | 16.23 | OVERSOLD | The low Stochastics value suggests TGH.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TGH.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for TGH.CA suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.90 | 1.79 | 0.11 (5.79%) | 17.27% |
| An entry @1.90. This is a Buy Stop order right above the resistance zone. | An exit @1.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.11 points, which is 5.79%. | When investing 17.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TGH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:TGH (7/29/2025, 7:00:00 PM)
1.82
+0.02 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.11%
1 Week-5.21%
2 Weeks-5.7%
1 Month0%
3 Month34.81%
6 Month80.2%
12 Month102.22%
2 Year264%
3 Year213.79%
5 Year1248.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%4.04%
ATR Inc-21.5%
Range Today0.03
ADR(20)0.07
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.88
Mansfield3.33
10 Day High1.94
10 Day Low1.8
20 Day High2.03
20 Day Low1.78
52 Week High2.03
52 Week Low0.86
CS1 End1.62
CR1 Start1.87
Volume & EV
DER(3)-9.84%
DER(5)-5.9%
Volume48.22K
Volume Incr-71.4%
Vol(5)49.55K
Vol(50)158.51K