TRIUMPH GROUP INC (TGI) Technical Analysis
NYSE:TGI • US8968181011
Current stock price
TGI Technical Rating and Analysis
Taking everything into account, TGI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TGI is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TGI did better than 87% 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 1477380 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 78 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 25.70 and 26.03.
- Volume is considerably higher in the last couple of days.
TGI Weekly and Daily overview Charts
TGI Setup Rating and Analysis
Although TGI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TGI Support and Resistance Analysis
12.69
When analyzing the support we can see 4 important areas.
- A support zone ranging from 25.26 to 25.94. 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 @17.05 from a trend line in the weekly time frame.
- Support @12.82 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.02 to 26.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
TGI 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 | 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 | 87.28 | POSITIVE | TGI has a high relative strength, it outperformed 87.28% 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) | 67.34 | NEUTRAL | The RSI value for TGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TGI has a positive trend. |
| Stochastics (14,3) | 72.46 | NEUTRAL | The Stochastics value for TGI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for TGI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.43 | NEUTRAL | The ADX value for TGI suggests a possible start of a new trend. |
TGI Chart- and CandleStick Pattern Analysis
TGI Technicals: Chart, Performance Metrics, Trend & Indicators
26.01
+0.16 (+0.62%)
TRIUMPH GROUP INC / TGI TA FAQ
Can you provide the ChartMill technical rating for TRIUMPH GROUP INC?
ChartMill assigns a technical rating of 10 / 10 to TGI.
What is the current trend direction of TRIUMPH GROUP INC (TGI) stock?
The current trend direction for TRIUMPH GROUP INC (TGI) is Bullish.
What is the RSI signal for TGI stock?
TRIUMPH GROUP INC (TGI) has an RSI value of 67.3379. This indicates that the stock is currently neutral.
What is the short term momentum for TGI stock?
The short term momentum for TRIUMPH GROUP INC (TGI) is positive.
Can you provide the buy/sell signal for TRIUMPH GROUP INC?
The buy/sell signal for TRIUMPH GROUP INC (TGI) is buy as both the short term and long term trends are positive.