TURNING POINT BRANDS INC (TPB) Stock Technical Analysis
USA - NYSE:TPB - US90041L1052 - Common Stock
98.03 USD
+0.01 (+0.01%)
98.03 USD
0 (0%)
We assign a technical rating of 9 out of 10 to TPB. In the last year, TPB was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TPB has a been trading in the 94.83 - 104.76 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that TPB is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, TPB also shows a nice and consistent pattern of rising prices.
TPB is part of the Tobacco industry. There are 8 other stocks in this industry. TPB outperforms 100% of them.
TPB 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 TPB is lagging the market slightly.
TPB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 98.02, a Stop Loss order could be placed below this zone.
More info and screens
67.99
103.98
We found 3 important support areas.
- A support zone ranging from 96.99 to 98.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 86.19 to 86.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 100.23 to 102.95. This zone is formed by a combination of multiple trend lines and important moving averages 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 TPB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TPB is neutral. |
| ChartMill Relative Strength | 95.03 | POSITIVE | TPB has a high relative strength, it outperformed 95.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.5 | NEUTRAL | The RSI value for TPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.92 | NEGATIVE | The MACD value suggests TPB has a negative trend. |
| Stochastics (14,3) | 28.7 | NEUTRAL | The Stochastics value for TPB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for TPB suggests some volalility. |
| Average Directional Index/ADX (14) | 35.98 | POSITIVE | The high ADX value value for TPB 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)
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 |
|---|---|---|---|
| 100.99 | 96.98 | 4.01 (3.97%) | 25.00% |
| An entry @100.98. This is a Buy Stop order right above the 10 day moving average. | An exit @96.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.01 points, which is 3.97%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- The distance between exit and entry is rather small compared to the average daily movement of TPB. Please evaluate whether better entry and exit points can be found.
- 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.
98.03
+0.01 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryTobacco
Performance
% Chg0.01%
1 Week-4.08%
2 Weeks-4.21%
1 Month-1.88%
3 Month28.72%
6 Month66.66%
12 Month131.8%
2 Year324.56%
3 Year361.75%
5 Year251.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.11
ATR(20)%3.37%
ATR Inc-15.21%
Range Today2.55
ADR(20)3.3
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.03
Mansfield2.95
10 Day High104.76
10 Day Low94.83
20 Day High104.76
20 Day Low94.83
52 Week High104.76
52 Week Low40.35
CS1 End98.02
CR1 Start100.23
Volume & EV
DER(3)-0.34%
DER(5)0.45%
Volume276.40K
Volume Incr4.63%
Vol(5)342.70K
Vol(50)385.39K