Overall TMP gets a technical rating of 6 out of 10. In the last year, TMP 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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- TMP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TMP is lagging the market slightly.
- Looking at the yearly performance, TMP did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- TMP is part of the Banks industry. There are 383 other stocks in this industry, TMP did better than 64% of them.
- In the last month TMP has a been trading in the 71.52 - 77.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, TMP does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 74.20, 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
59.98
6 important support areas can be observed.
- A support zone ranging from 71.19 to 74.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.73 from a trend line in the daily time frame.
- A support zone ranging from 67.09 to 67.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.98 from a trend line in the daily time frame.
- A support zone ranging from 62.34 to 63.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.59 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @75.15 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 76.90 to 77.00. 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 TMP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TMP is neutral. |
| ChartMill Relative Strength | 75.51 | POSITIVE | TMP has a high relative strength, it outperformed 75.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TMP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.12 | NEUTRAL | The RSI value for TMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TMP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.45 | NEUTRAL | The Stochastics value for TMP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for TMP suggests some volalility. |
| Average Directional Index/ADX (14) | 29.22 | POSITIVE | The high ADX value value for TMP suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 75.16 | 71.51 | 3.65 (4.86%) | 20.59% |
| An entry @75.16. This is a Buy Stop order right above the resistance zone. | An exit @71.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.65 points, which is 4.86%. | For a 1.00% total portfolio risk, you can invest 20.59% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
74.72
+1.26 (+1.72%)
TOMPKINS FINANCIAL CORP / TMP FAQ
What is the ChartMill technical rating of TOMPKINS FINANCIAL CORP (TMP) stock?
ChartMill assigns a technical rating of 6 / 10 to TMP.
What is the trend direction for TMP stock?
The current trend direction for TOMPKINS FINANCIAL CORP (TMP) is Bullish.
What is the RSI signal for TOMPKINS FINANCIAL CORP (TMP) stock?
TOMPKINS FINANCIAL CORP (TMP) has an RSI value of 58.1244. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TOMPKINS FINANCIAL CORP?
The short term momentum for TOMPKINS FINANCIAL CORP (TMP) is neutral.
What is the support and resistance level for TMP stock?
TOMPKINS FINANCIAL CORP (TMP) has a support level at 74.2 and a resistance level at 75.15. Check the full technical report for our detailed analysis of TMP support and resistance levels.