AMPLIFY BBG US TRSRY 12% PRM (TLTP) Stock Technical Analysis
NYSEARCA:TLTP - NYSE Arca - US0321085161 - ETF - Currency: USD
Overall TLTP gets a technical rating of 2 out of 10. In the last year, TLTP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, TLTP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
21.87
When analyzing the support we notice one important area.
- A support zone ranging from 22.09 to 22.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 22.56 to 22.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.30 to 23.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.87 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.40 to 24.56. 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 TLTP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TLTP is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TLTP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TLTP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TLTP is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.64 | NEUTRAL | The RSI value for TLTP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TLTP has a positive trend. |
| Stochastics (14,3) | 64.63 | NEUTRAL | The Stochastics value for TLTP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for TLTP suggests low volalility. |
| Average Directional Index/ADX (14) | 14.4 | NEGATIVE | The low ADX value for TLTP suggests a weak or negative trend. |
NYSEARCA:TLTP (7/25/2025, 8:04:01 PM)
22.4956
+0.09 (+0.42%)