TPG Pace Beneficial Finance Corp (TPGY) Technical Analysis
NYSE:TPGY • KYG8990D1253
Current stock price
TPGY Technical Rating and Analysis
Overall TPGY gets a technical rating of 5 out of 10. In the past year, TPGY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- TPGY 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 TPGY is lagging the market.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that TPGY is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month TPGY has a been trading in a tight range between 10.00 and 10.04.
TPGY Weekly and Daily overview Charts
TPGY Setup Rating and Analysis
Although the technical rating is only medium, TPGY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.02, a Stop Loss order could be placed below this zone.
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TPGY Support and Resistance Analysis
9.70
When analyzing the support we notice one important area.
- A support zone ranging from 9.80 to 10.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.05 to 10.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
TPGY 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 TPGY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPGY is up. |
| ChartMill Relative Strength | 78.49 | POSITIVE | TPGY has a high relative strength, it outperformed 78.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPGY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPGY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPGY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.3 | OVERBOUGHT | The high RSI value suggests TPGY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TPGY has a positive trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests TPGY may be overbought. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for TPGY suggests low volalility. |
| Average Directional Index/ADX (14) | 63.47 | POSITIVE | The high ADX value value for TPGY suggests a strong trend. |
TPGY Chart- and CandleStick Pattern Analysis
TPGY Technicals: Chart, Performance Metrics, Trend & Indicators
10.04
+0.01 (+0.1%)
TPG Pace Beneficial Finance Corp / TPGY TA FAQ
What is the technical rating for TPGY stock?
ChartMill assigns a technical rating of 5 / 10 to TPGY.
What is the current trend direction of TPG Pace Beneficial Finance Corp (TPGY) stock?
The current trend direction for TPG Pace Beneficial Finance Corp (TPGY) is Bearish.
What is the RSI signal for TPGY stock?
TPG Pace Beneficial Finance Corp (TPGY) has an RSI value of 77.3028. This indicates that the stock is currently overbought.
What is the short term momentum for TPGY stock?
The short term momentum for TPG Pace Beneficial Finance Corp (TPGY) is positive.
What are the support and resistance levels for TPG Pace Beneficial Finance Corp (TPGY) stock?
TPG Pace Beneficial Finance Corp (TPGY) has a support level at 10.02 and a resistance level at 10.05. Check the full technical report for our detailed analysis of TPGY support and resistance levels.