TIGO ENERGY INC (TYGO) Technical Analysis
NASDAQ:TYGO • US88675P1030
Current stock price
TYGO Technical Rating and Analysis
Overall TYGO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TYGO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that TYGO is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, TYGO also shows a nice and consistent pattern of rising prices.
- TYGO is part of the Electrical Equipment industry. There are 92 other stocks in this industry. TYGO outperforms 94% of them.
- TYGO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TYGO is performing more or less in line with the market.
- In the last month TYGO has a been trading in the 3.14 - 4.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TYGO Weekly and Daily overview Charts
TYGO Setup Rating and Analysis
TYGO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
TYGO Support and Resistance Analysis
3.33
When analyzing the support we can see 2 important areas.
- Support @3.51 from a trend line in the daily time frame.
- A support zone ranging from 3.36 to 3.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TYGO Technical Indicator Signal Analysis
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 TYGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TYGO is up. |
| ChartMill Relative Strength | 99.12 | POSITIVE | TYGO has a high relative strength, it outperformed 99.12% 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) | UP | POSITIVE | The current price of TYGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.52 | NEUTRAL | The RSI value for TYGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TYGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.41 | NEUTRAL | The Stochastics value for TYGO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.31 | HIGH VOLATILITY | The high ATR as a percentage value for TYGO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.11 | POSITIVE | The high ADX value value for TYGO suggests a strong trend. |
TYGO Chart- and CandleStick Pattern Analysis
TYGO Technicals: Chart, Performance Metrics, Trend & Indicators
3.82
-0.29 (-7.06%)
TIGO ENERGY INC / TYGO TA FAQ
What is the technical rating for TYGO stock?
ChartMill assigns a technical rating of 10 / 10 to TYGO.
What is the trend direction for TYGO stock?
The current trend direction for TIGO ENERGY INC (TYGO) is Bullish.
What is the RSI signal for TYGO stock?
TIGO ENERGY INC (TYGO) has an RSI value of 52.5242. This indicates that the stock is currently neutral.
What is the short term momentum for TYGO stock?
The short term momentum for TIGO ENERGY INC (TYGO) is positive.
What is the buy/sell signal for TIGO ENERGY INC (TYGO) stock?
The buy/sell signal for TIGO ENERGY INC (TYGO) is buy as both the short term and long term trends are positive.