TORTOISE ENERGY INFRASTRUCT (TYG) Stock Technical Analysis
NYSE:TYG - New York Stock Exchange, Inc. - US89147L8862 - Currency: USD
Overall TYG gets a technical rating of 2 out of 10. Although TYG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, we notice that TYG is one of the better performing stocks in the market, outperforming 76% of all stocks. However, we also see that TYG couldn't keep up this performance in the last couple of months.
TYG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month TYG has a been trading in the 33.73 - 43.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TYG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 41.29. Right above this resistance zone may be a good entry point.
More info and screens
35.06
44.85
When analyzing the support we can see 2 important areas.
- Support @37.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 35.41 to 35.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 41.29 to 42.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.81 to 44.41. 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
CRS76.96
Mansfield0.31
10 Day High40.19
10 Day Low35.5
20 Day High43.98
20 Day Low33.73
52 Week High48.76
52 Week Low30.73
Performance
1 Week-0.18%
2 Weeks7.98%
1 Month-9.2%
3 Month-16.65%
6 Month-3.49%
12 Month24.72%
2 Year33.04%
3 Year18.16%
5 Year112.37%
10 Year-77.76%
15 Year-71.54%
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)0.24
RSI(14)47.84
LBB35.52
UBB40.65
39.5
+0.04 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week-0.18%
2 Weeks7.98%
1 Month-9.2%
3 Month-16.65%
6 Month-3.49%
12 Month24.72%
2 Year33.04%
3 Year18.16%
5 Year112.37%
10 Year-77.76%
15 Year-71.54%
Volatility
ATR(14)1.96
ATR(20)%4.72%
ATR Inc-49.42%
Range Today0.7
ADR(20)1.71
ADR(20)%4.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.96
Mansfield0.31
10 Day High40.19
10 Day Low35.5
20 Day High43.98
20 Day Low33.73
52 Week High48.76
52 Week Low30.73
CS1 End37.03
CR1 Start41.29
Volume & EV
DER(3)-7.01%
DER(5)-8.9%
Volume35.10K
Volume Incr-23.26%
Vol(5)75.28K
Vol(50)97.02K