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 8 out of 10 to TGI. 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, TGI did better than 86% of all other stocks. We also observe that the gains produced by TGI over the past year are nicely spread over this period.
TGI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
TGI has an average volume of 1359310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TGI is part of the Aerospace & Defense industry. There are 65 other stocks in this industry, TGI did better than 50% of them.
In the last month TGI has a been trading in a tight range between 25.68 and 25.96.
TGI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. 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 25.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.77, a Stop Loss order could be placed below this zone.
More info and screens
12.69
26.20
4 important support areas can be observed.
- A support zone ranging from 25.26 to 25.64. 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 @16.73 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 25.77 to 25.94. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for TGI is neutral. |
| ChartMill Relative Strength | 86.62 | POSITIVE | TGI has a high relative strength, it outperformed 86.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TGI is below a declining 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) | 51.14 | NEUTRAL | The RSI value for TGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.54 | NEUTRAL | The Stochastics value for TGI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for TGI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.87 | NEGATIVE | The low ADX value for TGI 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 |
|---|---|---|---|
| 25.78 | 25.67 | 0.11 (0.42%) | 25.00% |
| An entry @25.78. This is a Buy Stop order right above the 10 day moving average. | An exit @25.67. 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 0.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- The distance between exit and entry is rather small compared to the average daily movement of TGI. 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.
25.75
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0%
1 Week-0.04%
2 Weeks-0.04%
1 Month-0.08%
3 Month2.63%
6 Month38.66%
12 Month66.02%
2 Year103.56%
3 Year65.7%
5 Year279.79%
10 Year-52.18%
15 Year-66.07%
Volatility
ATR(14)0.11
ATR(20)%0.36%
ATR Inc8.7%
Range Today0.08
ADR(20)0.09
ADR(20)%0.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.62
Mansfield1.98
10 Day High25.88
10 Day Low25.68
20 Day High25.96
20 Day Low25.68
52 Week High25.96
52 Week Low11.01
CS1 End25.77
CR1 Start25.81
Volume & EV
DER(3)-1.83%
DER(5)-4.4%
Volume2.20M
Volume Incr-33.78%
Vol(5)1.31M
Vol(50)1.36M