TECHPRECISION CORP (TPCS) Stock Technical Analysis
NASDAQ:TPCS - Nasdaq - US8787392005 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to TPCS. In the last year, TPCS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month TPCS has a been trading in the 3.15 - 4.11 range, which is quite wide. It is currently trading near the lows of this range.
TPCS is one of the better performing stocks in the Machinery industry, it outperforms 84% of 128 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that TPCS is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
TPCS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TPCS is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
TPCS has an average technical rating and also 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
3.16
4.05
We found 1 important support area.
- A support zone ranging from 3.19 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @3.80 from a trend line in the weekly time frame.
- Resistance @3.92 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.00 to 4.01. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for TPCS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TPCS is neutral. |
| ChartMill Relative Strength | 87.35 | POSITIVE | TPCS has a high relative strength, it outperformed 87.35% 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) | UP | POSITIVE | The current price of TPCS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TPCS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for TPCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TPCS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.59 | NEUTRAL | The Stochastics value for TPCS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for TPCS suggests high volalility. |
| Average Directional Index/ADX (14) | 28.88 | POSITIVE | The high ADX value value for TPCS 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)
3.49
+0.23 (+7.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg7.06%
1 Week3.87%
2 Weeks-4.9%
1 Month-12.97%
3 Month41.87%
6 Month-4.9%
12 Month4.18%
2 Year-52.77%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%6.34%
ATR Inc6.01%
Range Today0.24
ADR(20)0.21
ADR(20)%6.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.35
Mansfield0.28
10 Day High3.8
10 Day Low3.15
20 Day High4.11
20 Day Low3.15
52 Week High4.42
52 Week Low2.05
CS1 End3.27
CR1 Start3.8
Volume & EV
DER(3)-0.02%
DER(5)2.72%
Volume30.60K
Volume Incr-40.63%
Vol(5)29.14K
Vol(50)45.96K