TURNING POINT BRANDS INC (TPB) Stock Technical Analysis
USA - NYSE:TPB - US90041L1052 - Common Stock
Taking everything into account, TPB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TPB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TPB has an excellent technical rating, it does not present a decent entry opportunity 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.
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71.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 92.67 to 96.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 88.16 to 88.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @85.12 from a horizontal line in the daily time frame.
- Support @72.65 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 103.00 to 103.00. 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 | UP | POSITIVE | The long term trend for TPB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPB is up. |
| ChartMill Relative Strength | 88.67 | POSITIVE | TPB has a high relative strength, it outperformed 88.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPB is above the rising 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) | 62.53 | NEUTRAL | The RSI value for TPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.6 | POSITIVE | The MACD value suggests TPB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.29 | NEUTRAL | The Stochastics value for TPB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for TPB suggests some volalility. |
| Average Directional Index/ADX (14) | 27.17 | POSITIVE | The high ADX value value for TPB suggests a strong trend. |
100.49
-1.15 (-1.13%)
TURNING POINT BRANDS INC / TPB FAQ
What is the technical rating for TPB stock?
ChartMill assigns a technical rating of 10 / 10 to TPB.
What is the trend direction for TPB stock?
The current trend direction for TURNING POINT BRANDS INC (TPB) is Bullish.
What is the RSI signal for TURNING POINT BRANDS INC (TPB) stock?
TURNING POINT BRANDS INC (TPB) has an RSI value of 62.5299. This indicates that the stock is currently neutral.
What is the MACD signal for TPB stock?
The MACD indicator for TURNING POINT BRANDS INC (TPB) has a value of 1.60045, indicating a bullish trend.
Can you provide the support and resistance levels for TURNING POINT BRANDS INC?
TURNING POINT BRANDS INC (TPB) has a support level at 96.33 and a resistance level at 103. Check the full technical report for our detailed analysis of TPB support and resistance levels.