Teekay Lng Partners LP [Tgp/Pb] (TGP-B) Stock Technical Analysis
NYSE:TGP-B - New York Stock Exchange, Inc. -
Overall TGP-B gets a technical rating of 2 out of 10. TGP-B 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
TGP-B is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: TGP-B has an average volume of 18386 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, TGP-B outperforms 56% of them, which is more or less in line with the market.
In the last month TGP-B has a been trading in a tight range between 25.28 and 26.00.
TGP-B has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 25.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TGP-B in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
24.80
28.09
When analyzing the support we notice one important area.
- A support zone ranging from 25.05 to 25.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.62 to 26.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.55 to 27.81. 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 | DOWN | NEGATIVE | The long term trend for TGP-B is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TGP-B is down. |
| ChartMill Relative Strength | 56.19 | NEUTRAL | TGP-B is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TGP-B is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TGP-B is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TGP-B is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.33 | NEUTRAL | The RSI value for TGP-B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TGP-B has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.77 | OVERSOLD | The low Stochastics value suggests TGP-B may be oversold. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for TGP-B suggests low volalility. |
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)
Teekay Lng Partners LP [Tgp/Pb]
NYSE:TGP-B (2/25/2022, 8:13:36 PM)
25.53
+0.23 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.91%
1 Week-0.56%
2 Weeks-1.77%
1 Month0.12%
3 Month-2.96%
6 Month-5.37%
12 Month-1.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%0.89%
ATR Inc42.44%
Range Today0.34
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.19
Mansfield-0.45
10 Day High25.99
10 Day Low25.28
20 Day High26
20 Day Low25.28
52 Week High27.89
52 Week Low25.03
CS1 End25.25
CR1 Start25.62
Volume & EV
DER(3)5%
DER(5)8.02%
Volume14.50K
Volume Incr35.43%
Vol(5)21.88K
Vol(50)18.39K