THUNDER BRIDGE CAPITAL PAR-A (THCP) Stock Technical Analysis
USA - NASDAQ:THCP - US88605L1070 - Common Stock
12.24 USD
-1.16 (-8.66%)
13.79 USD
+1.55 (+12.66%)
We assign a technical rating of 10 out of 10 to THCP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, THCP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that THCP is one of the better performing stocks in the market, outperforming 82% of all stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
THCP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THCP is lagging the market.
In the last month THCP has a been trading in the 10.60 - 14.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although THCP 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
9.97
12.36
3 important support areas can be observed.
- A support zone ranging from 10.97 to 11.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.43 to 10.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.07 to 10.22. 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 THCP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THCP is up. |
| ChartMill Relative Strength | 82.24 | POSITIVE | THCP has a high relative strength, it outperformed 82.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THCP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THCP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of THCP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.18 | NEUTRAL | The RSI value for THCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests THCP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.52 | NEUTRAL | The Stochastics value for THCP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for THCP suggests high volalility. |
| Average Directional Index/ADX (14) | 41.01 | POSITIVE | The high ADX value value for THCP suggests a strong 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)
12.24
-1.16 (-8.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-8.66%
1 Week10.87%
2 Weeks7.42%
1 Month15.58%
3 Month16.46%
6 Month16.57%
12 Month19.3%
2 Year23.2%
3 Year25.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%5.14%
ATR Inc140.17%
Range Today2.04
ADR(20)0.6
ADR(20)%4.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.24
Mansfield-0.16
10 Day High14.99
10 Day Low10.61
20 Day High14.99
20 Day Low10.6
52 Week High14.99
52 Week Low10.21
CS1 End11.13
CR1 StartN/A
Volume & EV
DER(3)-8.3%
DER(5)-3.3%
Volume88.30K
Volume Incr160.94%
Vol(5)294.44K
Vol(50)76.12K