Taking everything into account, TPG scores 5 out of 10 in our technical rating. In the last year, TPG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TPG has an average technical rating and it also does not offer a high quality setup 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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41.77
3 important support areas can be observed.
- A support zone ranging from 56.81 to 58.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.89 to 55.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.19 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @62.50 from a trend line in the weekly time frame.
- Resistance @64.86 from a horizontal line in the daily time frame.
- Resistance @70.66 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for TPG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPG is up. |
| ChartMill Relative Strength | 36.49 | NEUTRAL | TPG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.22 | NEUTRAL | The RSI value for TPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests TPG has a positive trend. |
| Stochastics (14,3) | 95.44 | OVERBOUGHT | The high Stochastics value suggests TPG may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for TPG suggests some volalility. |
| Average Directional Index/ADX (14) | 17.02 | NEGATIVE | The low ADX value for TPG suggests a weak or negative trend. |
61.69
+0.86 (+1.41%)
TPG INC / TPG FAQ
What is the technical rating for TPG stock?
ChartMill assigns a technical rating of 5 / 10 to TPG.
Can you provide the trend direction for TPG INC?
The current trend direction for TPG INC (TPG) is Bearish.
What is the RSI signal for TPG INC (TPG) stock?
TPG INC (TPG) has an RSI value of 67.224. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TPG INC?
The MACD indicator for TPG INC (TPG) has a value of 0.613826, indicating a bearish trend.
What are the support and resistance levels for TPG INC (TPG) stock?
TPG INC (TPG) has a support level at 58.58 and a resistance level at 62.5. Check the full technical report for our detailed analysis of TPG support and resistance levels.