TPG INC (TPG) Stock Technical Analysis
USA - NASDAQ:TPG - US8726571016 - Common Stock
Taking everything into account, TPG scores 4 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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41.67
3 important support areas can be observed.
- A support zone ranging from 54.89 to 55.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.27 to 53.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @42.09 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 62.95 to 64.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for TPG is neutral. |
| ChartMill Relative Strength | 22.4 | NEGATIVE | TPG has a low relative strength, it was outperformed by 77.6% off all stocks 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) | DOWN | MIXED | The current price of TPG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.35 | NEUTRAL | The RSI value for TPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests TPG has a positive trend. |
| Stochastics (14,3) | 73.46 | NEUTRAL | The Stochastics value for TPG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for TPG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.51 | NEUTRAL | The ADX value for TPG suggests a possible start of a new trend. |
58.61
+1.62 (+2.84%)
TPG INC / TPG FAQ
What is the technical rating for TPG stock?
ChartMill assigns a technical rating of 4 / 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 59.3535. 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 0.394806, indicating a bearish trend.
What are the support and resistance levels for TPG INC (TPG) stock?
TPG INC (TPG) has a support level at 55.75 and a resistance level at 62.95. Check the full technical report for our detailed analysis of TPG support and resistance levels.