TOMPKINS FINANCIAL CORP (TMP) Stock Technical Analysis
USA - NYSEARCA:TMP - US8901101092 - Common Stock
We assign a technical rating of 3 out of 10 to TMP. In the last year, TMP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
TMP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 67.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
When analyzing the support we can see 5 important areas.
- A support zone ranging from 65.94 to 66.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.54 from a trend line in the weekly time frame.
- A support zone ranging from 63.08 to 63.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @62.08 from a horizontal line in the daily time frame.
- Support @60.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 67.57 to 68.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 70.95 to 71.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @72.73 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for TMP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TMP is neutral. |
| ChartMill Relative Strength | 31.09 | NEUTRAL | TMP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TMP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TMP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.02 | NEUTRAL | The RSI value for TMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests TMP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74 | NEUTRAL | The Stochastics value for TMP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for TMP suggests some volalility. |
| Average Directional Index/ADX (14) | 15.82 | NEGATIVE | The low ADX value for TMP suggests a weak or negative trend. |
67.21
-0.25 (-0.37%)
TOMPKINS FINANCIAL CORP / TMP FAQ
What is the ChartMill technical rating of TOMPKINS FINANCIAL CORP (TMP) stock?
ChartMill assigns a technical rating of 3 / 10 to TMP.
What is the current trend direction of TOMPKINS FINANCIAL CORP (TMP) stock?
The current trend direction for TOMPKINS FINANCIAL CORP (TMP) is Bearish.
What is the RSI signal for TOMPKINS FINANCIAL CORP (TMP) stock?
TOMPKINS FINANCIAL CORP (TMP) has an RSI value of 54.022. This indicates that the stock is currently neutral.
What are the support and resistance levels for TOMPKINS FINANCIAL CORP (TMP) stock?
TOMPKINS FINANCIAL CORP (TMP) has a support level at 66.99 and a resistance level at 67.57. Check the full technical report for our detailed analysis of TMP support and resistance levels.