TOP FINANCIAL GROUP LTD A (TOP) Stock Technical Analysis
USA - NASDAQ:TOP - KYG989A61029 - Common Stock
Taking everything into account, TOP scores 0 out of 10 in our technical rating. TOP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TOP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.19, a Stop Loss order could be placed below this zone.
More info and screens
1.10
We found 1 important support area.
- 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.15 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.25 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.35 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for TOP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TOP is down. |
| ChartMill Relative Strength | 18.24 | NEGATIVE | TOP has a low relative strength, it was outperformed by 81.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TOP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TOP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TOP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.34 | NEUTRAL | The RSI value for TOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TOP has a negative trend. |
| Stochastics (14,3) | 25.26 | NEUTRAL | The Stochastics value for TOP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.31 | HIGH VOLATILITY | The high ATR as a percentage value for TOP suggests high volalility. |
| Average Directional Index/ADX (14) | 39.54 | POSITIVE | The high ADX value value for TOP suggests a strong trend. |
1.15
-0.05 (-4.17%)
TOP FINANCIAL GROUP LTD A / TOP FAQ
What is the technical rating for TOP stock?
ChartMill assigns a technical rating of 1 / 10 to TOP.
What is the trend direction for TOP stock?
The current trend direction for TOP FINANCIAL GROUP LTD A (TOP) is Bearish.
What is the RSI signal for TOP stock?
TOP FINANCIAL GROUP LTD A (TOP) has an RSI value of 39.337. This indicates that the stock is currently neutral.
What is the MACD signal for TOP FINANCIAL GROUP LTD A (TOP) stock?
The MACD indicator for TOP FINANCIAL GROUP LTD A (TOP) has a value of -0.00557001, indicating a bearish trend.
Can you provide the short term momentum for TOP FINANCIAL GROUP LTD A?
The short term momentum for TOP FINANCIAL GROUP LTD A (TOP) is negative.