We assign a technical rating of 4 out of 10 to TPG. TPG was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is only medium, TPG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
42.02
3 important support areas can be observed.
3 important resistance areas can be observed.
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 | UP | POSITIVE | The long term trend for TPG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TPG is down. |
| ChartMill Relative Strength | 39.73 | NEUTRAL | TPG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TPG is below 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) | 42.37 | NEUTRAL | The RSI value for TPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests TPG has a negative trend. |
| Stochastics (14,3) | 7.79 | OVERSOLD | The low Stochastics value suggests TPG may be oversold. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for TPG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.97 | NEUTRAL | The ADX value for TPG suggests a possible start of a new trend. |
62.35
-0.67 (-1.06%)
ChartMill assigns a technical rating of 4 / 10 to TPG.
The current trend direction for TPG INC (TPG) is Bullish.
TPG INC (TPG) has an RSI value of 42.3678. This indicates that the stock is currently neutral.
The short term momentum for TPG INC (TPG) is negative.
TPG INC (TPG) has a support level at 57.73 and a resistance level at 65.02. Check the full technical report for our detailed analysis of TPG support and resistance levels.