TPG INC (TPG) Technical Analysis
NASDAQ:TPG • US8726571016
Current stock price
TPG Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, TPG is a bad performer in the overall market: 88% of all stocks are doing better.
- TPG is part of the Capital Markets industry. There are 242 other stocks in this industry, of which 73% are performing better than TPG.
- TPG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TPG is lagging the market.
- TPG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- TPG has an average volume of 4074670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TPG Weekly and Daily overview Charts
TPG Setup Rating and Analysis
TPG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
TPG Support and Resistance Analysis
39.66
When analyzing the support we notice one important area.
- Support @40.06 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @45.58 from a horizontal line in the daily time frame.
- Resistance @66.61 from a trend line in the weekly time frame.
TPG Technical Indicator Signal Analysis
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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TPG is down. |
| ChartMill Relative Strength | 12.52 | NEGATIVE | TPG has a low relative strength, it was outperformed by 87.48% off all stocks 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) | DOWN | NEGATIVE | The current price of TPG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TPG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.52 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 26.14 | NEUTRAL | The Stochastics value for TPG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for TPG suggests high volalility. |
| Average Directional Index/ADX (14) | 48.68 | POSITIVE | The high ADX value value for TPG suggests a strong trend. |
TPG Chart- and CandleStick Pattern Analysis
TPG Technicals: Chart, Performance Metrics, Trend & Indicators
40.07
-1.04 (-2.53%)
TPG INC / TPG TA FAQ
What is the technical rating for TPG stock?
ChartMill assigns a technical rating of 0 / 10 to TPG.
What is the trend direction for TPG stock?
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 33.5243. This indicates that the stock is currently neutral.
What is the short term momentum for TPG INC (TPG) stock?
The short term momentum for TPG INC (TPG) is negative.
What is the support and resistance level for TPG stock?
TPG INC (TPG) has a support level at 40.06 and a resistance level at 45.58. Check the full technical report for our detailed analysis of TPG support and resistance levels.