Ultrashort Tips (TPS) Technical Analysis
NYSEARCA:TPS
Current stock price
TPS Technical Rating and Analysis
Taking everything into account, TPS scores 0 out of 10 in our technical rating. TPS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 80% of all other stocks performed better in the past year than TPS.
- TPS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: TPS has an average volume of 316 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month TPS has a been trading in the 23.67 - 25.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TPS Weekly and Daily overview Charts
TPS Setup Rating and Analysis
The technical rating of TPS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TPS Support and Resistance Analysis
23.76
When analyzing the support we notice one important area.
- A support zone ranging from 24.00 to 24.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 24.42 to 24.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.40 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.20 to 26.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.05 from a trend line in the weekly time frame.
TPS 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 TPS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TPS is down. |
| ChartMill Relative Strength | 20.45 | NEGATIVE | TPS has a low relative strength, it was outperformed by 79.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TPS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TPS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.2 | NEUTRAL | The RSI value for TPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TPS has a negative trend. |
| Stochastics (14,3) | 43.36 | NEUTRAL | The Stochastics value for TPS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for TPS suggests low volalility. |
TPS Chart- and CandleStick Pattern Analysis
TPS Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:TPS (9/6/2017, 8:04:03 PM)
24.18
-0.12 (-0.49%)
Ultrashort Tips / TPS TA FAQ
Can you provide the ChartMill technical rating for Ultrashort Tips?
ChartMill assigns a technical rating of 0 / 10 to TPS.
What is the current trend direction of Ultrashort Tips (TPS) stock?
The current trend direction for Ultrashort Tips (TPS) is Bearish.
What is the RSI signal for Ultrashort Tips (TPS) stock?
Ultrashort Tips (TPS) has an RSI value of 32.1985. This indicates that the stock is currently neutral.
What is the MACD signal for TPS stock?
The MACD indicator for Ultrashort Tips (TPS) has a value of -0.0625215, indicating a bearish trend.
Can you provide the buy/sell signal for Ultrashort Tips?
The buy/sell signal for Ultrashort Tips (TPS) is sell as both the short term and long term trends are negative.