(TPG.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:TPG - DE000A2QEFA1 - Common Stock
Overall TPG gets a technical rating of 0 out of 10. TPG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than TPG.
- TPG is one of the lesser performing stocks in the Specialty Retail industry. 79% of 59 stocks in the same industry do better.
- TPG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TPG has a been trading in the 5.04 - 6.50 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, TPG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for TPG 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
5.18
4 important resistance areas can be observed.
- A resistance zone ranging from 5.50 to 5.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.41 from a trend line in the daily time frame.
- Resistance @7.82 from a trend line in the daily time frame.
- Resistance @8.12 from a trend line 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 | DOWN | NEGATIVE | The long term trend for TPG.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TPG.DE is down. |
| ChartMill Relative Strength | 3.39 | NEGATIVE | TPG.DE has a low relative strength, it was outperformed by 96.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPG.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TPG.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TPG.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.84 | NEUTRAL | The RSI value for TPG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TPG.DE has a positive trend. |
| Stochastics (14,3) | 19.14 | OVERSOLD | The low Stochastics value suggests TPG.DE may be oversold. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for TPG.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 33.51 | POSITIVE | The high ADX value value for TPG.DE suggests a strong trend. |
/ TPG.DE FAQ
What is the technical rating for TPG stock?
ChartMill assigns a technical rating of 0 / 10 to TPG.DE.
What is the trend direction for TPG stock?
The current trend direction for (TPG.DE) is Bearish.
What is the RSI signal for (TPG.DE) stock?
(TPG.DE) has an RSI value of 34.8419. This indicates that the stock is currently neutral.
What is the short term momentum for (TPG.DE) stock?
The short term momentum for (TPG.DE) is negative.
What is the support and resistance level for TPG stock?
(TPG.DE) has a resistance level at 5.5. Check the full technical report for our detailed analysis of TPG.DE support and resistance levels.