NYSE:TGNA - New York Stock Exchange, Inc. - US87901J1051 - Common Stock - Currency: USD
Overall TGNA gets a technical rating of 3 out of 10. TGNA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, TGNA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 15.78, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
15.10
We found 2 important support areas.
3 important resistance areas can be observed.
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 TGNA is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGNA is neutral. |
ChartMill Relative Strength | 73.52 | POSITIVE | TGNA has a high relative strength, it outperformed 73.52% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of TGNA is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TGNA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of TGNA is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 46.63 | NEUTRAL | The RSI value for TGNA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TGNA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 48.91 | NEUTRAL | The Stochastics value for TGNA is a neutral value. |
Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for TGNA suggests some volalility. |
Average Directional Index/ADX (14) | 20.16 | NEUTRAL | The ADX value for TGNA suggests a possible start of a new trend. |
16.71
-0.03 (-0.18%)