TRIPLEPOINT VENTURE GROWTH B (TPVG) Stock Technical Analysis
NYSE:TPVG - New York Stock Exchange, Inc. - US89677Y1001 - Common Stock - Currency: USD
Overall TPVG gets a technical rating of 5 out of 10. 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.
When comparing the yearly performance of all stocks, TPVG is a bad performer in the overall market: 81% of all stocks are doing better.
TPVG is one of the lesser performing stocks in the Capital Markets industry. 72% of 232 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TPVG has a been trading in the 5.95 - 7.13 range, which is quite wide. It is currently trading near the high of this range.
TPVG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TPVG is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
TPVG has an average technical rating and the quality of the presented setup is also not ideal 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
5.70
8.47
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.66 to 6.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.13 to 7.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.61 from a trend line in the weekly time frame.
- Resistance @7.79 from a trend line in the daily time frame.
- Resistance @8.39 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for TPVG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPVG is up. |
| ChartMill Relative Strength | 19.61 | NEGATIVE | TPVG has a low relative strength, it was outperformed by 80.39% 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) | UP | POSITIVE | The current price of TPVG is above the rising 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) | 63.99 | NEUTRAL | The RSI value for TPVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TPVG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.67 | OVERBOUGHT | The high Stochastics value suggests TPVG may be overbought. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for TPVG suggests some volalility. |
| Average Directional Index/ADX (14) | 26.57 | POSITIVE | The high ADX value value for TPVG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.12
+0.08 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.14%
1 Week2.89%
2 Weeks5.48%
1 Month21.29%
3 Month-6.44%
6 Month-13.8%
12 Month-23.69%
2 Year-39.56%
3 Year-44.11%
5 Year-30.74%
10 Year-47.18%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%2.92%
ATR Inc-43.59%
Range Today0.12
ADR(20)0.2
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.61
Mansfield-0.78
10 Day High7.13
10 Day Low6.56
20 Day High7.13
20 Day Low5.95
52 Week High9.55
52 Week Low5.53
CS1 End6.79
CR1 Start7.13
Volume & EV
DER(3)-0.49%
DER(5)-1.41%
Volume192.28K
Volume Incr-36.39%
Vol(5)168.30K
Vol(50)312.93K