TGHN Technical Analysis - LOGWIN AG

Technical Rating and Analysis

Taking everything into account, TGHN scores 2 out of 10 in our technical rating. In the last year, TGHN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

62% of all other stocks performed better in the past year than TGHN.

Warning: TGHN has an average volume of 52 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

TGHN is one of the better performing stocks in the Air Freight & Logistics industry, it outperforms 71% of 15 stocks in the same industry.

In the last month TGHN has a been trading in the 242.00 - 264.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

TGHN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TGHN is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

TGHN 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 a support zone below the current price at 243.12, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

223.73

272.71

3 important support areas can be observed.

A support zone ranging from 240.00 to 243.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
Strong support @232.00 from a horizontal line in the daily time frame.
A support zone ranging from 225.99 to 225.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 250.00 to 255.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 266.01 to 270.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for TGHN.DE is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TGHN.DE is down.
ChartMill Relative Strength	38.06	NEUTRAL	TGHN.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of TGHN.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of TGHN.DE is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of TGHN.DE is above a declining SMA(200).
Relative Strength Index/RSI (14)	43.85	NEUTRAL	The RSI value for TGHN.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.3	NEGATIVE	The MACD value suggests TGHN.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	41.48	NEUTRAL	The Stochastics value for TGHN.DE is a neutral value.
Average True Range in percent/ATR (20)	2	LOW VOLATILITY	The low ATR as a percentage value for TGHN.DE suggests low volalility.
Average Directional Index/ADX (14)	17.07	NEGATIVE	The low ADX value for TGHN.DE suggests a weak or negative trend.