TRIPLEPOINT VENTURE GROWTH B (TPVG) Stock Technical Analysis
NYSE:TPVG • US89677Y1001
Taking everything into account, TPVG scores 0 out of 10 in our technical rating. TPVG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than TPVG.
- TPVG is one of the lesser performing stocks in the Capital Markets industry. 75% of 238 stocks in the same industry do better.
- TPVG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TPVG is lagging the market.
- In the last month TPVG has a been trading in the 5.03 - 5.95 range, which is quite wide. It is currently trading near the lows of this range.
TPVG has a poor technical rating and the quality of the setup is also not perfect 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
5.13
When analyzing the support we notice one important area.
- A support zone ranging from 5.18 to 5.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @5.75 from a horizontal line in the daily time frame.
- Resistance @6.32 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.53 to 6.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.83 to 6.83. 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 TPVG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TPVG is down. |
| ChartMill Relative Strength | 12.56 | NEGATIVE | TPVG has a low relative strength, it was outperformed by 87.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPVG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TPVG is below 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) | 33.08 | NEUTRAL | The RSI value for TPVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TPVG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.72 | NEUTRAL | The Stochastics value for TPVG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for TPVG suggests some volalility. |
| Average Directional Index/ADX (14) | 42.09 | POSITIVE | The high ADX value value for TPVG suggests a strong trend. |
5.32
+0.05 (+0.95%)
TRIPLEPOINT VENTURE GROWTH B / TPVG FAQ
Can you provide the ChartMill technical rating for TRIPLEPOINT VENTURE GROWTH B?
ChartMill assigns a technical rating of 0 / 10 to TPVG.
What is the current trend direction of TRIPLEPOINT VENTURE GROWTH B (TPVG) stock?
The current trend direction for TRIPLEPOINT VENTURE GROWTH B (TPVG) is Bearish.
What is the RSI signal for TPVG stock?
TRIPLEPOINT VENTURE GROWTH B (TPVG) has an RSI value of 33.0848. This indicates that the stock is currently neutral.
What is the MACD signal for TRIPLEPOINT VENTURE GROWTH B (TPVG) stock?
The MACD indicator for TRIPLEPOINT VENTURE GROWTH B (TPVG) has a value of -0.0136914, indicating a bearish trend.
What are the support and resistance levels for TRIPLEPOINT VENTURE GROWTH B (TPVG) stock?
TRIPLEPOINT VENTURE GROWTH B (TPVG) has a support level at 5.18 and a resistance level at 5.75. Check the full technical report for our detailed analysis of TPVG support and resistance levels.