TRIPLEPOINT VENTURE GROWTH B (TPVG) Stock Technical Analysis
USA - NYSE:TPVG - US89677Y1001 - Common Stock
Taking everything into account, TPVG scores 2 out of 10 in our technical rating. In the past year, TPVG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
TPVG has a bad 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 6.02. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TPVG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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5.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.96 to 5.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.69 to 5.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.02 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.22 from a trend line in the weekly time frame.
- Resistance @6.46 from a trend line in the weekly time frame.
- Resistance @6.81 from a trend line in the daily time frame.
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 TPVG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPVG is up. |
| ChartMill Relative Strength | 20.53 | NEGATIVE | TPVG has a low relative strength, it was outperformed by 79.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPVG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TPVG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TPVG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.83 | NEUTRAL | The RSI value for TPVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TPVG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.82 | OVERBOUGHT | The high Stochastics value suggests TPVG may be overbought. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for TPVG suggests some volalility. |
| Average Directional Index/ADX (14) | 25 | POSITIVE | The high ADX value value for TPVG suggests a strong trend. |
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-0.01 (-0.17%)
TRIPLEPOINT VENTURE GROWTH B / TPVG FAQ
What is the technical rating for TPVG stock?
ChartMill assigns a technical rating of 2 / 10 to TPVG.
What is the trend direction for TPVG stock?
The current trend direction for TRIPLEPOINT VENTURE GROWTH B (TPVG) is Bearish.
What is the RSI signal for TRIPLEPOINT VENTURE GROWTH B (TPVG) stock?
TRIPLEPOINT VENTURE GROWTH B (TPVG) has an RSI value of 60.8305. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TRIPLEPOINT VENTURE GROWTH B?
The MACD indicator for TRIPLEPOINT VENTURE GROWTH B (TPVG) has a value of 0.069217, indicating a bearish trend.
Can you provide the support and resistance levels for TRIPLEPOINT VENTURE GROWTH B?
TRIPLEPOINT VENTURE GROWTH B (TPVG) has a support level at 5.97 and a resistance level at 6.02. Check the full technical report for our detailed analysis of TPVG support and resistance levels.