TUFIN SOFTWARE TECHNOLOGIES (TUFN) Stock Technical Analysis
NYSE:TUFN - New York Stock Exchange, Inc. - IL0011571556 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TUFN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TUFN is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TUFN is part of the Software industry. There are 284 other stocks in this industry. TUFN outperforms 81% of them.
TUFN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TUFN is leading the market.
In the last month TUFN has a been trading in the 12.07 - 12.96 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that TUFN is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Volume is considerably higher in the last couple of days.
Although TUFN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.98
13.12
5 important support areas can be observed.
- A support zone ranging from 12.39 to 12.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.03 from a horizontal line in the weekly time frame.
- Support @11.49 from a horizontal line in the daily time frame.
- Support @8.38 from a trend line in the weekly time frame.
- Support @8.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.95 to 12.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.71
Mansfield2.47
10 Day High12.96
10 Day Low12.2
20 Day High12.96
20 Day Low12.07
52 Week High13
52 Week Low7.59
Performance
1 Week4.95%
2 Weeks5.12%
1 Month3.94%
3 Month2.29%
6 Month46.88%
12 Month17.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)75.43
LBB12.06
UBB12.74
12.94
+0.32 (+2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.54%
1 Week4.95%
2 Weeks5.12%
1 Month3.94%
3 Month2.29%
6 Month46.88%
12 Month17.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.14%
ATR Inc154.17%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.71
Mansfield2.47
10 Day High12.96
10 Day Low12.2
20 Day High12.96
20 Day Low12.07
52 Week High13
52 Week Low7.59
CS1 End12.53
CR1 Start12.95
Volume & EV
DER(3)3.5%
DER(5)2.3%
Volume15.96M
Volume Incr1422.23%
Vol(5)3.44M
Vol(50)794.76K