Taking everything into account, TPCS scores 3 out of 10 in our technical rating. Although TPCS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TPCS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.73. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TPCS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.07
We found 1 important support area.
- Support @4.11 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.73 to 4.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.04 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.31 to 5.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.65 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for TPCS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TPCS is down. |
| ChartMill Relative Strength | 82.97 | POSITIVE | TPCS has a high relative strength, it outperformed 82.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPCS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TPCS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPCS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.91 | NEUTRAL | The RSI value for TPCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TPCS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.54 | OVERSOLD | The low Stochastics value suggests TPCS may be oversold. |
| Average True Range in percent/ATR (20) | 8.49 | HIGH VOLATILITY | The high ATR as a percentage value for TPCS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.22 | NEGATIVE | The low ADX value for TPCS suggests a weak or negative trend. |
4.34
+0.22 (+5.34%)
TECHPRECISION CORP / TPCS FAQ
What is the ChartMill technical rating of TECHPRECISION CORP (TPCS) stock?
ChartMill assigns a technical rating of 3 / 10 to TPCS.
What is the current trend direction of TECHPRECISION CORP (TPCS) stock?
The current trend direction for TECHPRECISION CORP (TPCS) is Bearish.
Can you provide the RSI signal for TECHPRECISION CORP?
TECHPRECISION CORP (TPCS) has an RSI value of 43.9114. This indicates that the stock is currently neutral.
What is the MACD signal for TECHPRECISION CORP (TPCS) stock?
The MACD indicator for TECHPRECISION CORP (TPCS) has a value of -0.0110729, indicating a bearish trend.
What is the short term momentum for TPCS stock?
The short term momentum for TECHPRECISION CORP (TPCS) is negative.