TCW SPECIAL PURPOSE ACQ-CL A (TSPQ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TSPQ - US87301L1061 - Common Stock
Overall TSPQ gets a technical rating of 8 out of 10. Both in the recent history as in the last year, TSPQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
TSPQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.01, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.54
We found 1 important support area.
- A support zone ranging from 9.64 to 10.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.03 to 10.03. 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 | UP | POSITIVE | The long term trend for TSPQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSPQ is up. |
| ChartMill Relative Strength | 79.57 | POSITIVE | TSPQ has a high relative strength, it outperformed 79.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSPQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSPQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSPQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.05 | NEUTRAL | The RSI value for TSPQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TSPQ has a negative trend. |
| Stochastics (14,3) | 74.49 | NEUTRAL | The Stochastics value for TSPQ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for TSPQ suggests low volalility. |
| Average Directional Index/ADX (14) | 24.77 | NEUTRAL | The ADX value for TSPQ suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.04 | 9.98 | 0.06 (0.60%) | 25.00% |
| An entry @10.04. This is a Buy Stop order right above the resistance zone. | An exit @9.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 0.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.15%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.02
+0 (+0.02%)
TCW SPECIAL PURPOSE ACQ-CL A / TSPQ FAQ
Can you provide the ChartMill technical rating for TCW SPECIAL PURPOSE ACQ-CL A?
ChartMill assigns a technical rating of 8 / 10 to TSPQ.
Can you provide the trend direction for TCW SPECIAL PURPOSE ACQ-CL A?
The current trend direction for TCW SPECIAL PURPOSE ACQ-CL A (TSPQ) is Bullish.
What is the RSI signal for TCW SPECIAL PURPOSE ACQ-CL A (TSPQ) stock?
TCW SPECIAL PURPOSE ACQ-CL A (TSPQ) has an RSI value of 67.0477. This indicates that the stock is currently neutral.
What is the buy/sell signal for TCW SPECIAL PURPOSE ACQ-CL A (TSPQ) stock?
The buy/sell signal for TCW SPECIAL PURPOSE ACQ-CL A (TSPQ) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for TCW SPECIAL PURPOSE ACQ-CL A (TSPQ) stock?
TCW SPECIAL PURPOSE ACQ-CL A (TSPQ) has a support level at 10.01 and a resistance level at 10.03. Check the full technical report for our detailed analysis of TSPQ support and resistance levels.