TIPTREE INC (TIPT) Stock Technical Analysis
NASDAQ:TIPT • US88822Q1031
We assign a technical rating of 0 out of 10 to TIPT. TIPT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 80% of all other stocks performed better in the past year than TIPT.
- TIPT is one of the lesser performing stocks in the Insurance industry. 67% of 149 stocks in the same industry do better.
- TIPT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TIPT has a been trading in the 17.16 - 18.22 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, TIPT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 17.16, a Stop Loss order could be placed below this zone.
More info and screens
16.99
We found 1 important support area.
- A support zone ranging from 17.16 to 17.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 17.35 to 17.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.22 to 19.22. 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 | DOWN | NEGATIVE | The long term trend for TIPT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TIPT is neutral. |
| ChartMill Relative Strength | 20.76 | NEGATIVE | TIPT has a low relative strength, it was outperformed by 79.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TIPT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TIPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TIPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.72 | NEUTRAL | The RSI value for TIPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TIPT has a negative trend. |
| Stochastics (14,3) | 27.3 | NEUTRAL | The Stochastics value for TIPT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for TIPT suggests some volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for TIPT suggests a weak or negative trend. |
17.2
-0.08 (-0.46%)
TIPTREE INC / TIPT FAQ
What is the technical rating for TIPT stock?
ChartMill assigns a technical rating of 0 / 10 to TIPT.
What is the current trend direction of TIPTREE INC (TIPT) stock?
The current trend direction for TIPTREE INC (TIPT) is Bearish.
Can you provide the RSI signal for TIPTREE INC?
TIPTREE INC (TIPT) has an RSI value of 40.7223. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TIPTREE INC?
TIPTREE INC (TIPT) has a support level at 17.16 and a resistance level at 17.35. Check the full technical report for our detailed analysis of TIPT support and resistance levels.