TPG RE FINANCE TRUST INC (TRTX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TRTX - US87266M1071 - REIT
Taking everything into account, TRTX scores 3 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 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
8.28
We found 2 important support areas.
- A support zone ranging from 8.67 to 9.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.36 to 8.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.10 to 9.15. This zone is formed by a combination of multiple trend lines 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 TRTX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRTX is neutral. |
| ChartMill Relative Strength | 56.74 | NEUTRAL | TRTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRTX is above a declining 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) | 54.54 | 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. |
| Stochastics (14,3) | 55.66 | NEUTRAL | The Stochastics value for TRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for TRTX suggests low volalility. |
| Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for TRTX suggests a weak or negative trend. |
9.04
+0.06 (+0.67%)
TPG RE FINANCE TRUST INC / TRTX FAQ
What is the ChartMill technical rating of TPG RE FINANCE TRUST INC (TRTX) stock?
ChartMill assigns a technical rating of 3 / 10 to TRTX.
What is the trend direction for TRTX stock?
The current trend direction for TPG RE FINANCE TRUST INC (TRTX) is Bearish.
Can you provide the RSI signal for TPG RE FINANCE TRUST INC?
TPG RE FINANCE TRUST INC (TRTX) has an RSI value of 54.5373. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TPG RE FINANCE TRUST INC?
The short term momentum for TPG RE FINANCE TRUST INC (TRTX) is neutral.