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 9 out of 10 in our technical rating. In the last year, TGS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, TGS did better than 92% of all other stocks. We also observe that the gains produced by TGS over the past year are nicely spread over this period.
TGS is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. TGS outperforms 94% of them.
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.
In the last month TGS has a been trading in the 24.66 - 32.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TGS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.50
32.20
We found 3 important support areas.
- A support zone ranging from 27.39 to 28.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.30 to 25.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.73 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @31.00 from a horizontal line in the weekly time frame.
- Resistance @31.88 from a horizontal 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 | UP | POSITIVE | The long term trend for TGS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGS is neutral. |
| ChartMill Relative Strength | 92.97 | POSITIVE | TGS has a high relative strength, it outperformed 92.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TGS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGS is above 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) | 45.8 | NEUTRAL | The RSI value for TGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests TGS has a negative trend. |
| Stochastics (14,3) | 5.15 | OVERSOLD | The low Stochastics value suggests TGS may be oversold. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for TGS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.58 | NEUTRAL | The ADX value for TGS suggests a possible start of a new 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)
28.08
+0.09 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.32%
1 Week-8.92%
2 Weeks-11.92%
1 Month10.99%
3 Month11.92%
6 Month-0.35%
12 Month65.66%
2 Year103.77%
3 Year446.3%
5 Year398.76%
10 Year521.24%
15 Year794.27%
Volatility
ATR(14)1.36
ATR(20)%4.74%
ATR Inc-33.36%
Range Today1.15
ADR(20)1.31
ADR(20)%4.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.97
Mansfield1.07
10 Day High32.33
10 Day Low27.73
20 Day High32.81
20 Day Low24.66
52 Week High34.37
52 Week Low14.16
CS1 End28.02
CR1 Start31
Volume & EV
DER(3)1.46%
DER(5)3.21%
Volume192.94K
Volume Incr-15.46%
Vol(5)255.99K
Vol(50)297.77K