TRANSPORTADOR GAS-ADR SP B (TGS) Stock Technical Analysis
NYSE:TGS - New York Stock Exchange, Inc. - US8938702045 - ADR - Currency: USD
Taking everything into account, TGS scores 4 out of 10 in our technical rating. Although TGS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month TGS has a been trading in the 26.29 - 31.72 range, which is quite wide. It is currently trading near the lows of this range.
TGS is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. TGS outperforms 84% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that TGS is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
TGS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TGS is lagging the market slightly.
Volume is considerably higher in the last couple of days.
TGS has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
22.17
31.85
5 important support areas can be observed.
- Support @26.84 from a horizontal line in the daily time frame.
- Support @26.09 from a trend line in the weekly time frame.
- Support @23.53 from a horizontal line in the weekly time frame.
- Support @23.07 from a trend line in the daily time frame.
- Support @22.39 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 27.61 to 28.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.98 from a horizontal line in the daily time frame.
- Resistance @30.57 from a trend line in the weekly time frame.
- Resistance @31.53 from a trend line in the daily time frame.
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 TGS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGS is neutral. |
| ChartMill Relative Strength | 85.08 | POSITIVE | TGS has a high relative strength, it outperformed 85.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TGS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TGS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.89 | NEUTRAL | The RSI value for TGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TGS has a negative trend. |
| Stochastics (14,3) | 36.8 | NEUTRAL | The Stochastics value for TGS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for TGS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.15 | NEGATIVE | The low ADX value for TGS 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)
26.85
-0.53 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.94%
1 Week-3.87%
2 Weeks-3.38%
1 Month-12.82%
3 Month-1.54%
6 Month-9.84%
12 Month41.46%
2 Year94.85%
3 Year422.37%
5 Year376.91%
10 Year494.03%
15 Year755.1%
Volatility
ATR(14)1.29
ATR(20)%4.92%
ATR Inc42.39%
Range Today1.47
ADR(20)1.31
ADR(20)%4.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.08
Mansfield0.35
10 Day High29.5
10 Day Low26.29
20 Day High31.72
20 Day Low26.29
52 Week High34.37
52 Week Low14.16
CS1 End26.84
CR1 Start27.61
Volume & EV
DER(3)-0.56%
DER(5)0.4%
Volume752.90K
Volume Incr82.59%
Vol(5)529.66K
Vol(50)313.32K