TECHNOGYM SPA (TGYM.MI) Stock Technical Analysis
BIT:TGYM • IT0005162406
Taking everything into account, TGYM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TGYM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TGYM did better than 86% of all other stocks. We also observe that the gains produced by TGYM over the past year are nicely spread over this period.
- TGYM is one of the better performing stocks in the Leisure Products industry, it outperforms 87% of 17 stocks in the same industry.
- TGYM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TGYM has a been trading in the 17.15 - 18.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TGYM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TGYM 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
12.29
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.03 to 17.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.41 from a trend line in the daily time frame.
- Support @12.41 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.02 to 18.27. 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 | UP | POSITIVE | The long term trend for TGYM.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TGYM.MI is up. |
| ChartMill Relative Strength | 86.21 | POSITIVE | TGYM.MI has a high relative strength, it outperformed 86.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TGYM.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGYM.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TGYM.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.54 | NEUTRAL | The RSI value for TGYM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TGYM.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.4 | NEUTRAL | The Stochastics value for TGYM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for TGYM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.39 | NEGATIVE | The low ADX value for TGYM.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.28 | 17.22 | 1.06 (5.80%) | 17.25% |
| An entry @18.28. This is a Buy Stop order right above the resistance zone. | An exit @17.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.06 points, which is 5.80%. | For a 1.00% total portfolio risk, you can invest 17.25% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:TGYM (2/19/2026, 5:35:15 PM)
18.01
+0.05 (+0.28%)
TECHNOGYM SPA / TGYM.MI FAQ
Can you provide the ChartMill technical rating for TECHNOGYM SPA?
ChartMill assigns a technical rating of 10 / 10 to TGYM.MI.
What is the current trend direction of TECHNOGYM SPA (TGYM.MI) stock?
The current trend direction for TECHNOGYM SPA (TGYM.MI) is Bullish.
What is the RSI signal for TECHNOGYM SPA (TGYM.MI) stock?
TECHNOGYM SPA (TGYM.MI) has an RSI value of 56.5431. This indicates that the stock is currently neutral.
What is the short term momentum for TGYM stock?
The short term momentum for TECHNOGYM SPA (TGYM.MI) is positive.
What is the support and resistance level for TGYM stock?
TECHNOGYM SPA (TGYM.MI) has a support level at 17.88 and a resistance level at 18.02. Check the full technical report for our detailed analysis of TGYM.MI support and resistance levels.