TREDEGAR CORP (TG) Stock Technical Analysis
NYSE:TG - New York Stock Exchange, Inc. - US8946501009 - Common Stock - Currency: USD
Overall TG gets a technical rating of 6 out of 10. In the last year, TG was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TG is part of the Metals & Mining industry. There are 150 other stocks in this industry. TG outperforms 73% of them.
TG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TG is lagging the market slightly.
In the last month TG has a been trading in the 7.33 - 8.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that TG is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although the technical rating is only medium, TG 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 7.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.26
8.83
When analyzing the support we can see 4 important areas.
- A support zone ranging from 7.59 to 7.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.06 to 7.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @6.91 from a horizontal line in the daily time frame.
- Support @5.31 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.77 to 7.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.04 to 8.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 8.62 to 8.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.74
Mansfield1.15
10 Day High8.14
10 Day Low7.65
20 Day High8.14
20 Day Low7.33
52 Week High9.22
52 Week Low3.98
Performance
1 Week-0.13%
2 Weeks-3.86%
1 Month-1.91%
3 Month-11.57%
6 Month44.3%
12 Month61.51%
2 Year-33.56%
3 Year-32.93%
5 Year-54.75%
10 Year-62.45%
15 Year-53.91%
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)-0.01
RSI(14)48.2
LBB7.64
UBB8.04
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 |
|---|---|---|---|
| 7.81 | 7.64 | 0.17 (2.18%) | 25.00% |
| An entry @7.81. This is a Buy Stop order right above the resistance zone. | An exit @7.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 2.18%. | For a 0.54% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TG. 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.
TREDEGAR CORP
NYSE:TG (2/4/2025, 8:10:57 PM)
After market: 7.72 0 (0%)7.72
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-0.13%
2 Weeks-3.86%
1 Month-1.91%
3 Month-11.57%
6 Month44.3%
12 Month61.51%
2 Year-33.56%
3 Year-32.93%
5 Year-54.75%
10 Year-62.45%
15 Year-53.91%
Volatility
ATR(14)0.24
ATR(20)%3.54%
ATR Inc-26.46%
Range Today0.13
ADR(20)0.27
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.74
Mansfield1.15
10 Day High8.14
10 Day Low7.65
20 Day High8.14
20 Day Low7.33
52 Week High9.22
52 Week Low3.98
CS1 End7.69
CR1 Start7.77
Volume & EV
DER(3)9.1%
DER(5)7.97%
Volume72.20K
Volume Incr-25.71%
Vol(5)80.34K
Vol(50)104.10K