Troy Income and Growth Trust PLC (TIGT.L) Technical Analysis

Q: What is the ChartMill technical rating of Troy Income and Growth Trust PLC (TIGT.L) stock?

ChartMill assigns a technical rating of 4 / 10 to TIGT.L.

LON:TIGT • GB0003708665

69.4 GBX

-0.2 (-0.29%)

Last: Mar 13, 2024, 12:08 PM

TIGT.L Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to TIGT. In the last year, TIGT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, TIGT is a bad performer in the overall market: 61% of all stocks are doing better.
Warning: TIGT has an average volume of 14951 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TIGT 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 TIGT is lagging the market slightly.
In the last month TIGT has a been trading in a tight range between 69.00 and 70.60.

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TIGT.L Weekly and Daily overview Charts

Troy Income and Growth Trust PLC / TIGT Weekly stock chart

Troy Income and Growth Trust PLC / TIGT Daily stock chart

TIGT.L Setup Rating and Analysis

TIGT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 69.33, a Stop Loss order could be placed below this zone.

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TIGT.L Support and Resistance Analysis

63.76

74.13

We found 3 important support areas.

A support zone ranging from 68.60 to 69.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @67.40 from a horizontal line in the daily time frame.
A support zone ranging from 64.40 to 65.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

A resistance zone ranging from 69.48 to 69.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 71.00 to 71.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 72.80 to 73.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info and screens

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TIGT.L Technical Indicator Signal Analysis

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 TIGT.L is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for TIGT.L is neutral.
ChartMill Relative Strength	39.79	NEUTRAL	TIGT.L is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of TIGT.L is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of TIGT.L is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of TIGT.L is below the rising SMA(200).
Relative Strength Index/RSI (14)	50.7	NEUTRAL	The RSI value for TIGT.L is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests TIGT.L has a negative trend, although the MACD value is rising.
Stochastics (14,3)	20.83	NEUTRAL	The Stochastics value for TIGT.L is a neutral value.
Average True Range in percent/ATR (20)	0.46	LOW VOLATILITY	The low ATR as a percentage value for TIGT.L suggests low volalility.
Average Directional Index/ADX (14)	16.12	NEGATIVE	The low ADX value for TIGT.L suggests a weak or negative trend.

TIGT.L Chart- and CandleStick Pattern Analysis

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)

More info

Bullish Engulfing Bearish Engulfing Bullish Harami Bullish Hammer Gravestone Doji Dragonfly Doji Shooting Star Dark Cloud Cover Bull Flags Ascending Triangle Descending Triangle Symmetrical Triangle Rising Wedge Falling Wedge Double Bottom Ascending Channel Descending Channel Double Top Squeeze Plays

TIGT.L Technicals: Chart, Performance Metrics, Trend & Indicators

Troy Income and Growth Trust PLC

LON:TIGT (3/13/2024, 12:08:49 PM)

69.4

-0.2 (-0.29%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorN/A

GICS IndustryN/A

Performance

% Chg-0.29%

1 Week0.29%

2 Weeks-0.14%

1 Month0.29%

3 Month1.46%

6 Month-1.7%

12 Month1.17%

2 Year-9.64%

3 Year-2.8%

5 Year-12.15%

10 Year8.44%

15 YearN/A

Volatility

ATR(14)0.34

ATR(20)%0.46%

ATR Inc16.67%

Range Today0

ADR(20)0.19

ADR(20)%0.27%

Trend & SMA

ST Trend

LT Trend

SMA(5)

SMA(10)

SMA(20)

SMA(50)

SMA(100)

SMA(200)

Relative Strength & Ranges

CRS39.79

3 months CRSN/A

6 months CRSN/A

Mansfield-1.32

10 Day High70

10 Day Low69

20 Day High70.6

20 Day Low69

52 Week High74.2

52 Week Low64.2

CS1 End69.33

CR1 Start69.48

Volume & EV

DER(3)0%

DER(5)0%

Volume8.71K

Volume Incr-33.93%

Vol(5)9.90K

Vol(50)14.95K

Troy Income and Growth Trust PLC / TIGT.L TA FAQ

What is the ChartMill technical rating of Troy Income and Growth Trust PLC (TIGT.L) stock?

ChartMill assigns a technical rating of 4 / 10 to TIGT.L.

What is the trend direction for TIGT stock?

The current trend direction for Troy Income and Growth Trust PLC (TIGT.L) is Bullish.

What is the RSI signal for TIGT stock?

Troy Income and Growth Trust PLC (TIGT.L) has an RSI value of 50.7009. This indicates that the stock is currently neutral.

Can you provide the short term momentum for Troy Income and Growth Trust PLC?

The short term momentum for Troy Income and Growth Trust PLC (TIGT.L) is neutral.