TECNOGLASS INC (TGLS) Technical Analysis
NYSE:TGLS • KYG872641009
Current stock price
43.59 USD
-2.02 (-4.43%)
At close:
43.6 USD
+0.01 (+0.02%)
After Hours:
TGLS Technical Rating and Analysis
Overall TGLS gets a technical rating of 0 out of 10. TGLS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 89% of all other stocks performed better in the past year than TGLS.
- TGLS is one of the lesser performing stocks in the Building Products industry. 70% of 42 stocks in the same industry do better.
- TGLS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TGLS has a been trading in the 39.53 - 46.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TGLS Weekly and Daily overview Charts
TGLS Setup Rating and Analysis
TGLS has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
TGLS Support and Resistance Analysis
42.69
54.02
We found 1 important support area.
- A support zone ranging from 43.12 to 43.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @45.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 46.43 to 46.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.55 from a trend line in the daily time frame.
- Resistance @53.49 from a horizontal line in the daily time frame.
TGLS 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 | DOWN | NEGATIVE | The long term trend for TGLS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGLS is neutral. |
| ChartMill Relative Strength | 11.49 | NEGATIVE | TGLS has a low relative strength, it was outperformed by 88.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TGLS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TGLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TGLS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.43 | NEUTRAL | The RSI value for TGLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests TGLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.72 | NEUTRAL | The Stochastics value for TGLS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for TGLS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.58 | POSITIVE | The high ADX value value for TGLS suggests a strong trend. |
TGLS Chart- and CandleStick Pattern Analysis
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)
TGLS Technicals: Chart, Performance Metrics, Trend & Indicators
43.59
-2.02 (-4.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-4.43%
1 Week-0.43%
2 Weeks3.22%
1 Month-2.64%
3 Month-18.87%
6 Month-29.77%
12 Month-38.87%
2 Year-21.53%
3 Year-0.59%
5 Year264.47%
10 Year305.11%
15 YearN/A
Volatility
ATR(14)2.08
ATR(20)%4.67%
ATR Inc116.06%
Range Today3.91
ADR(20)1.89
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.49
3 months CRS19.63
6 months CRS17.21
Mansfield-3.47
10 Day High46.08
10 Day Low40.81
20 Day High46.08
20 Day Low39.53
52 Week High90.34
52 Week Low39.53
CS1 End43.25
CR1 Start45.62
Volume & EV
DER(3)2.46%
DER(5)1.21%
Volume531.20K
Volume Incr-45.42%
Vol(5)368.46K
Vol(50)499.19K
TECNOGLASS INC / TGLS TA FAQ
What is the technical rating for TGLS stock?
ChartMill assigns a technical rating of 0 / 10 to TGLS.
What is the current trend direction of TECNOGLASS INC (TGLS) stock?
The current trend direction for TECNOGLASS INC (TGLS) is Bearish.
Can you provide the RSI signal for TECNOGLASS INC?
TECNOGLASS INC (TGLS) has an RSI value of 47.4319. This indicates that the stock is currently neutral.
What is the short term momentum for TGLS stock?
The short term momentum for TECNOGLASS INC (TGLS) is neutral.
Can you provide the support and resistance levels for TECNOGLASS INC?
TECNOGLASS INC (TGLS) has a support level at 43.25 and a resistance level at 45.62. Check the full technical report for our detailed analysis of TGLS support and resistance levels.