TOP FINANCIAL GROUP LTD A (TOP) Stock Technical Analysis
USA - NASDAQ:TOP - KYG989A61029 - Common Stock
1.35 USD
-0.1 (-6.9%)
1.33 USD
-0.02 (-1.48%)
Overall TOP gets a technical rating of 6 out of 10. TOP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
79% of all other stocks performed better in the past year than TOP.
TOP is one of the lesser performing stocks in the Capital Markets industry. 72% of 238 stocks in the same industry do better.
TOP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TOP has a been trading in the 1.13 - 3.33 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TOP has an average volume of 1014250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TOP has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.10
1.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.15 to 1.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.11 to 1.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.36 to 1.36. 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 | NEUTRAL | NEUTRAL | The long term trend for TOP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TOP is up. |
| ChartMill Relative Strength | 21.19 | NEGATIVE | TOP has a low relative strength, it was outperformed by 78.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TOP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TOP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TOP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.63 | NEUTRAL | The RSI value for TOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 19.09 | OVERSOLD | The low Stochastics value suggests TOP may be oversold. |
| Average True Range in percent/ATR (20) | 12.75 | HIGH VOLATILITY | The high ATR as a percentage value for TOP suggests high volalility. |
| Average Directional Index/ADX (14) | 28.71 | POSITIVE | The high ADX value value for TOP suggests a strong trend. |
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)
1.35
-0.1 (-6.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-6.9%
1 Week17.39%
2 Weeks14.41%
1 Month15.31%
3 Month8%
6 Month13.26%
12 Month-17.68%
2 Year-73.68%
3 Year-89.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%12.75%
ATR Inc67.61%
Range Today0.13
ADR(20)0.15
ADR(20)%11.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.19
Mansfield-1.26
10 Day High3.33
10 Day Low1.13
20 Day High3.33
20 Day Low1.13
52 Week High3.33
52 Week Low1
CS1 End1.15
CR1 Start1.36
Volume & EV
DER(3)-5%
DER(5)-8.4%
Volume509.50K
Volume Incr43648.75%
Vol(5)9.83M
Vol(50)1.01M