TPG RE FINANCE TRUST INC (TRTX) Stock Technical Analysis
USA - NYSE:TRTX - US87266M1071 - REIT
9.44 USD
+0.01 (+0.11%)
9.44 USD
0 (0%)
Overall TRTX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TRTX is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
TRTX is one of the better performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 90% of 67 stocks in the same industry.
TRTX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRTX is lagging the market slightly.
TRTX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, TRTX outperforms 66% of them, which is more or less in line with the market.
TRTX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
7.27
9.88
When analyzing the support we can see 4 important areas.
- Support @8.53 from a trend line in the daily time frame.
- Support @8.03 from a horizontal line in the daily time frame.
- Support @7.47 from a horizontal line in the daily time frame.
- Support @7.34 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.49 to 9.78. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for TRTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRTX is up. |
| ChartMill Relative Strength | 66.55 | NEUTRAL | TRTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.5 | NEUTRAL | The RSI value for TRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TRTX has a negative trend. |
| Stochastics (14,3) | 51.12 | NEUTRAL | The Stochastics value for TRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for TRTX suggests low volalility. |
| Average Directional Index/ADX (14) | 46.49 | POSITIVE | The high ADX value value for TRTX 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)
9.44
+0.01 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.11%
1 Week-2.48%
2 Weeks1.83%
1 Month4.19%
3 Month19.19%
6 Month10.54%
12 Month4.66%
2 Year40.27%
3 Year34.86%
5 Year11.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.79%
ATR Inc-21.69%
Range Today0.11
ADR(20)0.16
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.55
Mansfield0.16
10 Day High9.85
10 Day Low9.19
20 Day High9.85
20 Day Low8.97
52 Week High9.85
52 Week Low6.47
CS1 End8.53
CR1 Start9.49
Volume & EV
DER(3)-2.28%
DER(5)0.44%
Volume754.50K
Volume Incr-1.49%
Vol(5)547.25K
Vol(50)593.50K