TORTOISE ENERGY INFRASTRUCT (TYG) Stock Technical Analysis
NYSE:TYG - New York Stock Exchange, Inc. - US89147L8862 - Currency: USD
Overall TYG gets a technical rating of 6 out of 10. In the last year, TYG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, TYG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 43.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
36.66
We found 3 important support areas.
- A support zone ranging from 42.19 to 43.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.53 from a trend line in the weekly time frame.
- Support @37.03 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 43.31 to 43.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.40 from a horizontal line 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 | UP | POSITIVE | The long term trend for TYG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TYG is up. |
| ChartMill Relative Strength | 68.69 | NEUTRAL | TYG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TYG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TYG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TYG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.27 | NEUTRAL | The RSI value for TYG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TYG has a negative trend. |
| Stochastics (14,3) | 65.97 | NEUTRAL | The Stochastics value for TYG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for TYG suggests low volalility. |
| Average Directional Index/ADX (14) | 10.67 | NEGATIVE | The low ADX value for TYG suggests a weak or negative 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 |
|---|---|---|---|
| 43.66 | 42.84 | 0.82 (1.88%) | 25.00% |
| An entry @43.66. This is a Buy Stop order right above the resistance zone. | An exit @42.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.82 points, which is 1.88%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%. |
- The distance between exit and entry is rather small compared to the average daily movement of TYG. Please evaluate whether better entry and exit points can be found.
- 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.
NYSE:TYG (8/15/2025, 8:04:00 PM)
43.19
-0.12 (-0.28%)