TPG Pace Beneficial Finance Corp (TPGY) Stock Technical Analysis
NYSE:TPGY - New York Stock Exchange, Inc. - KYG8990D1253 - Common Stock - Currency: USD
Taking everything into account, TPGY scores 5 out of 10 in our technical rating. 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 has only a medium technical rating, but it does show a decent setup pattern. 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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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.
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. |
10.04
+0.01 (+0.1%)