Tengasco Inc (TGC) Stock Technical Analysis
NYSEARCA:TGC - NYSE Arca -
We assign a technical rating of 9 out of 10 to TGC. In the last year, TGC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TGC has a been trading in the 1.89 - 5.15 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, TGC did better than 97% of all other stocks. We also observe that the gains produced by TGC over the past year are nicely spread over this period.
TGC has an average volume of 3343990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TGC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TGC is lagging the market.
Although TGC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.87
4.57
2 important support areas can be observed.
- Support @1.43 from a trend line in the daily time frame.
- Support @0.88 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.52 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.19
Mansfield12.35
10 Day High5.08
10 Day Low2.36
20 Day High5.15
20 Day Low1.89
52 Week High6.6
52 Week Low0.37
Performance
1 Week-40.19%
2 Weeks-29.23%
1 Month-40.05%
3 Month120.95%
6 Month139.83%
12 Month292.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.1
RSI(14)46.32
LBB2.18
UBB5.11
2.47
-1.23 (-33.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-33.24%
1 Week-40.19%
2 Weeks-29.23%
1 Month-40.05%
3 Month120.95%
6 Month139.83%
12 Month292.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%36.18%
ATR Inc25.26%
Range Today0.59
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.19
Mansfield12.35
10 Day High5.08
10 Day Low2.36
20 Day High5.15
20 Day Low1.89
52 Week High6.6
52 Week Low0.37
CS1 End1.43
CR1 Start4.52
Volume & EV
DER(3)2.25%
DER(5)3.96%
Volume3.19M
Volume Incr-22.77%
Vol(5)4.74M
Vol(50)3.34M