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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month TPVG has a been trading in the 5.05 - 6.13 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of TPVG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.14
When analyzing the resistance we notice 4 important areas.
- Resistance @5.75 from a horizontal line in the daily time frame.
- Resistance @6.35 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.56 to 6.56. 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 | 12.05 | NEGATIVE | TPVG has a low relative strength, it was outperformed by 87.95% 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) | 25.83 | OVERSOLD | The low RSI value suggests TPVG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TPVG has a negative trend. |
| Stochastics (14,3) | 21.53 | 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) | 39.33 | POSITIVE | The high ADX value value for TPVG suggests a strong trend. |
5.19
-0.33 (-5.98%)
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 25.83. This indicates that the stock is currently oversold.
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 -0.0123514, 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 resistance level at 5.75. Check the full technical report for our detailed analysis of TPVG support and resistance levels.