TPG RE FINANCE TRUST INC (TRTX) Stock Technical Analysis
USA - NYSE:TRTX - US87266M1071 - REIT
8.52 USD
-0.19 (-2.18%)
8.52 USD
0 (0%)
Taking everything into account, TRTX scores 1 out of 10 in our technical rating. TRTX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TRTX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TRTX is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 66 other stocks in this industry. TRTX outperforms 86% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, TRTX outperforms 47% of them, which is more or less in line with the market.
TRTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRTX is lagging the market.
Although the technical rating is bad, TRTX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 8.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TRTX 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.
More info and screens
7.39
8.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.43 to 8.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.46 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.52 to 8.75. 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 | NEUTRAL | NEUTRAL | The long term trend for TRTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRTX is down. |
| ChartMill Relative Strength | 47.71 | NEUTRAL | TRTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRTX is below a declining 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) | 39.78 | NEUTRAL | The RSI value for TRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TRTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.37 | NEUTRAL | The Stochastics value for TRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for TRTX suggests some volalility. |
| Average Directional Index/ADX (14) | 29.74 | 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)
8.52
-0.19 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-2.18%
1 Week-0.12%
2 Weeks-0.81%
1 Month-8.78%
3 Month5.58%
6 Month18.83%
12 Month-2.52%
2 Year54.63%
3 Year0.59%
5 Year8.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%2.07%
ATR Inc2.82%
Range Today0.23
ADR(20)0.16
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.71
Mansfield-0.78
10 Day High8.82
10 Day Low8.42
20 Day High9.41
20 Day Low8.42
52 Week High9.85
52 Week Low6.47
CS1 End8.49
CR1 Start8.52
Volume & EV
DER(3)3.7%
DER(5)2.67%
Volume584.90K
Volume Incr-41.17%
Vol(5)458.60K
Vol(50)629.05K