Tribune Publishing Company (TPCO) Technical Analysis
NASDAQ:TPCO
Current stock price
TPCO Technical Rating and Analysis
Taking everything into account, TPCO scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- When comparing the yearly performance of all stocks, we notice that TPCO is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by TPCO over the past year are nicely spread over this period.
- TPCO 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 TPCO is performing more or less in line with the market.
- In the last month TPCO has a been trading in the 15.86 - 17.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Volume is considerably higher in the last couple of days.
TPCO Weekly and Daily overview Charts
TPCO Setup Rating and Analysis
TPCO has an excellent technical rating, but the quality of the setup is only medium 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
TPCO Support and Resistance Analysis
15.04
3 important support areas can be observed.
- A support zone ranging from 16.95 to 17.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.82 from a trend line in the weekly time frame.
- Support @15.19 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.28 to 17.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.37 to 18.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
TPCO Technical Indicator Signal Analysis
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 TPCO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TPCO is down. |
| ChartMill Relative Strength | 80.45 | POSITIVE | TPCO has a high relative strength, it outperformed 80.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TPCO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.12 | NEUTRAL | The RSI value for TPCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TPCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.57 | NEUTRAL | The Stochastics value for TPCO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for TPCO suggests low volalility. |
TPCO Chart- and CandleStick Pattern Analysis
TPCO Technicals: Chart, Performance Metrics, Trend & Indicators
17.26
+0.07 (+0.41%)
Tribune Publishing Company / TPCO TA FAQ
Can you provide the ChartMill technical rating for Tribune Publishing Company?
ChartMill assigns a technical rating of 6 / 10 to TPCO.
What is the trend direction for TPCO stock?
The current trend direction for Tribune Publishing Company (TPCO) is Bullish.
What is the RSI signal for Tribune Publishing Company (TPCO) stock?
Tribune Publishing Company (TPCO) has an RSI value of 40.1199. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Tribune Publishing Company?
The MACD indicator for Tribune Publishing Company (TPCO) has a value of -0.0161424, indicating a bearish trend.
What is the short term momentum for Tribune Publishing Company (TPCO) stock?
The short term momentum for Tribune Publishing Company (TPCO) is negative.