NYSE:TPL - New York Stock Exchange, Inc. - US88262P1021 - Common Stock - Currency: USD
Overall TPL gets a technical rating of 6 out of 10. In the last year, TPL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, TPL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1111.34, a Stop Loss order could be placed below this zone.
1,068.20
We found 2 important support areas.
We can see 3 important resistance areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
1,344.74 | 1,096.32 | 248.42 (18.47%) | 5.41% |
An entry @1344.74. This is a Buy Stop order right above the resistance zone. | An exit @1096.32. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 248.42 points, which is 18.47%. | When investing 5.41% of your capital in this trade, your total portfolio risk will be 1.00%. |
1248.97
-49.67 (-3.82%)