TSAKOS ENERGY NAVIGATION LTD (TNP)
BMG9108L1735 - Common Stock
Taking everything into account, TNP scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, TNP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TNP is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by TNP over the past year are nicely spread over this period.
TNP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 80% of 214 stocks in the same industry.
TNP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TNP is performing more or less in line with the market.
In the last month TNP has a been trading in the 24.20 - 27.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TNP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 25.47, a Stop Loss order could be placed below this zone.
More info and screens
21.56
26.64
When analyzing the support we can see 5 important areas.
- A support zone ranging from 24.87 to 25.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.27 from a trend line in the daily time frame.
- A support zone ranging from 23.28 to 23.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.65 from a trend line in the weekly time frame.
- Support @21.78 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @26.38 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.07
Mansfield0.99
10 Day High26.31
10 Day Low24.2
20 Day High27.2
20 Day Low24.2
52 Week High27.2
52 Week Low16
Performance
1 Week4.2%
2 Weeks1.82%
1 Month-0.04%
3 Month6.66%
6 Month12.38%
12 Month55.3%
2 Year113.94%
3 Year178.7%
5 Year60.12%
10 Year-27.69%
15 Year-67.08%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)56.5
LBB24.31
UBB26.13
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 |
|---|---|---|---|
| 26.39 | 24.86 | 1.53 (5.80%) | 17.25% |
| An entry @26.39. This is a Buy Stop order right above the resistance zone. | An exit @24.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.53 points, which is 5.80%. | For a 1.00% total portfolio risk, you can invest 17.25% 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.
TSAKOS ENERGY NAVIGATION LTD
NYSE:TNP (4/30/2024, 6:29:34 PM)
After market: 25.87 +0.09 (+0.35%)25.78
+0.05 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.19%
1 Week4.2%
2 Weeks1.82%
1 Month-0.04%
3 Month6.66%
6 Month12.38%
12 Month55.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.75
ATR(20)%2.94%
ATR Inc
Range Today0.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High26.31
10 Day Low24.2
20 Day High27.2
20 Day Low24.2
52 Week High27.2
52 Week Low16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume251.06K
Volume Incr-32.98%
Vol(5)215.45K
Vol(50)274.73K