TRIUMPH GROUP INC (TGI) Stock Technical Analysis
NYSE:TGI - New York Stock Exchange, Inc. - US8968181011 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TGI. Both in the recent history as in the last year, TGI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TGI did better than 93% of all other stocks. On top of that, TGI also shows a nice and consistent pattern of rising prices.
TGI is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TGI is leading the market.
TGI has an average volume of 1511580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TGI is an average performer in the Aerospace & Defense industry, it outperforms 65% of 65 stocks in the same industry.
In the last month TGI has a been trading in a tight range between 25.53 and 25.96.
Although TGI has an excellent technical rating, the quality of the presented setup is not ideal 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
12.69
26.35
4 important support areas can be observed.
- A support zone ranging from 25.17 to 25.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.53 to 24.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.42 from a trend line in the weekly time frame.
- Support @12.82 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.95 to 26.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TGI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TGI is up. |
| ChartMill Relative Strength | 93.05 | POSITIVE | TGI has a high relative strength, it outperformed 93.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.89 | OVERBOUGHT | The high RSI value suggests TGI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 91.1 | OVERBOUGHT | The high Stochastics value suggests TGI may be overbought. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for TGI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.74 | POSITIVE | The high ADX value value for TGI 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)
25.94
+0.07 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.27%
1 Week0.66%
2 Weeks1.01%
1 Month1.37%
3 Month1.97%
6 Month40.83%
12 Month84.89%
2 Year109.7%
3 Year95.18%
5 Year187.9%
10 Year-60.69%
15 Year-61.07%
Volatility
ATR(14)0.07
ATR(20)%0.31%
ATR Inc-7.98%
Range Today0.05
ADR(20)0.08
ADR(20)%0.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.05
Mansfield2.74
10 Day High25.96
10 Day Low25.67
20 Day High25.96
20 Day Low25.53
52 Week High25.96
52 Week Low11.01
CS1 End25.8
CR1 Start25.95
Volume & EV
DER(3)1.72%
DER(5)0.51%
Volume4.20M
Volume Incr149.54%
Vol(5)1.75M
Vol(50)1.51M