TEXTAINER GROUP HOLDINGS LTD (TGH) Stock Technical Analysis
NYSE:TGH - New York Stock Exchange, Inc. - BMG8766E1093 - Common Stock - Currency: USD
Overall TGH gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TGH is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TGH is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by TGH over the past year are nicely spread over this period.
TGH is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 83% of 49 stocks in the same industry.
TGH is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month TGH has a been trading in a tight range between 49.72 and 50.15.
Besides having an excellent technical rating, TGH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 49.92, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
36.56
50.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 49.04 to 49.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.10 to 50.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.45
Mansfield0.31
10 Day High50
10 Day Low49.88
20 Day High50.15
20 Day Low49.72
52 Week High50.15
52 Week Low30.22
Performance
1 Week0.16%
2 Weeks-0.3%
1 Month0.54%
3 Month1.61%
6 Month28.71%
12 Month63.58%
2 Year31.31%
3 Year74.49%
5 Year418.03%
10 Year30.62%
15 Year640.59%
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)-0.02
RSI(14)63.74
LBB49.79
UBB50.17
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 |
|---|---|---|---|
| 50.01 | 49.87 | 0.14 (0.28%) | 25.00% |
| An entry @50.01. This is a Buy Stop order right above the 10 day high. | An exit @49.87. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 0.28%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.07%. |
- 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.
49.99
+0.02 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.04%
1 Week0.16%
2 Weeks-0.3%
1 Month0.54%
3 Month1.61%
6 Month28.71%
12 Month63.58%
2 Year31.31%
3 Year74.49%
5 Year418.03%
10 Year30.62%
15 Year640.59%
Volatility
ATR(14)0.07
ATR(20)%0.14%
ATR Inc-74.66%
Range Today0.03
ADR(20)0.05
ADR(20)%0.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.45
Mansfield0.31
10 Day High50
10 Day Low49.88
20 Day High50.15
20 Day Low49.72
52 Week High50.15
52 Week Low30.22
CS1 End49.92
CR1 Start50.1
Volume & EV
DER(3)-0.38%
DER(5)0.35%
Volume1.18M
Volume Incr-14.74%
Vol(5)857.04K
Vol(50)675.69K