TRANSPORTADOR GAS-ADR SP B (TGS) Stock Technical Analysis
NYSE:TGS - US8938702045 - ADR
27.16 USD
-0.33 (-1.2%)
27.16 USD
0 (0%)
We assign a technical rating of 1 out of 10 to TGS. TGS 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.
TGS is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. TGS outperforms 82% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, TGS did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
TGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TGS is lagging the market.
In the last month TGS has a been trading in the 25.83 - 30.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
TGS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 26.38, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TGS in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.29
31.31
4 important support areas can be observed.
- A support zone ranging from 26.00 to 26.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.30 from a horizontal line in the daily time frame.
- Support @24.74 from a horizontal line in the daily time frame.
- Support @23.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 27.34 to 28.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.11 from a trend line in the daily time frame.
- A resistance zone ranging from 29.81 to 30.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.80 to 31.00. 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 | NEUTRAL | NEUTRAL | The long term trend for TGS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TGS is down. |
| ChartMill Relative Strength | 78.9 | POSITIVE | TGS has a high relative strength, it outperformed 78.9% 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) | DOWN | NEGATIVE | The current price of TGS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TGS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.97 | NEUTRAL | The RSI value for TGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests TGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.31 | NEUTRAL | The Stochastics value for TGS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for TGS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.49 | 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)
27.16
-0.33 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.2%
1 Week-2.55%
2 Weeks-3.1%
1 Month-4.03%
3 Month-3.07%
6 Month6.89%
12 Month40%
2 Year117.45%
3 Year314.66%
5 Year477.87%
10 Year539.06%
15 Year687.25%
Volatility
ATR(14)1.3
ATR(20)%4.8%
ATR Inc-20.65%
Range Today0.55
ADR(20)1.28
ADR(20)%4.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.9
Mansfield-0.62
10 Day High29
10 Day Low25.83
20 Day High30.5
20 Day Low25.83
52 Week High34.37
52 Week Low18.15
CS1 End26.38
CR1 Start27.34
Volume & EV
DER(3)7.06%
DER(5)5.74%
Volume407.80K
Volume Incr75.76%
Vol(5)598.44K
Vol(50)390.97K