USA - NYSEARCA:TIP - US4642871762 - ETF
Overall TIP gets a technical rating of 5 out of 10. In the last year, TIP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
TIP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 111.09, a Stop Loss order could be placed below this zone.
105.10
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 TIP is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TIP is neutral. |
ChartMill Relative Strength | 41.65 | NEUTRAL | TIP is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TIP is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TIP is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TIP is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 49.14 | NEUTRAL | The RSI value for TIP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests TIP has a negative trend. |
Stochastics (14,3) | 11.91 | OVERSOLD | The low Stochastics value suggests TIP may be oversold. |
Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for TIP suggests low volalility. |
Average Directional Index/ADX (14) | 18.26 | NEGATIVE | The low ADX value for TIP suggests a weak or negative trend. |
111.11
+0.02 (+0.02%)