TIGO ENERGY INC (TYGO) Stock Technical Analysis
NASDAQ:TYGO - Nasdaq - US88675P1030 - Common Stock - Currency: USD
Overall TYGO gets a technical rating of 5 out of 10. In the past year, TYGO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
75% of all other stocks performed better in the past year than TYGO.
Warning: TYGO has an average volume of 22380 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TYGO is part of the Electrical Equipment industry. There are 95 other stocks in this industry, TYGO did better than 56% of them.
TYGO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TYGO is lagging the market slightly.
In the last month TYGO has a been trading in the 0.80 - 1.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TYGO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.99, a Stop Loss order could be placed below this zone.
More info and screens
0.90
1.50
2 important support areas can be observed.
- A support zone ranging from 0.97 to 0.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.91 to 0.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.06 from a horizontal line in the daily time frame.
- Resistance @1.49 from a trend line in the weekly 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 TYGO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TYGO is up. |
| ChartMill Relative Strength | 25.27 | NEGATIVE | TYGO has a low relative strength, it was outperformed by 74.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TYGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TYGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TYGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.17 | NEUTRAL | The RSI value for TYGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TYGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.43 | NEUTRAL | The Stochastics value for TYGO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for TYGO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for TYGO suggests a weak or negative trend. |
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)
NASDAQ:TYGO (5/29/2025, 8:18:47 PM)
0.9985
0 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.15%
1 Week2.94%
2 Weeks8.47%
1 Month23.03%
3 Month12.19%
6 Month8.53%
12 Month-34.31%
2 Year-91.48%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.5%
ATR Inc15.79%
Range Today0.09
ADR(20)0.06
ADR(20)%6.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.27
Mansfield-1.54
10 Day High1.04
10 Day Low0.88
20 Day High1.04
20 Day Low0.8
52 Week High1.85
52 Week Low0.58
CS1 End0.99
CR1 Start1.03
Volume & EV
DER(3)-3.1%
DER(5)-5.93%
Volume17.60K
Volume Incr-13.27%
Vol(5)17.26K
Vol(50)22.38K