TECNOGLASS INC (TGLS) Stock Technical Analysis
NYSE:TGLS - New York Stock Exchange, Inc. - KYG872641009 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TGLS. TGLS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TGLS is part of the Building Products industry. There are 41 other stocks in this industry. TGLS outperforms 87% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, TGLS did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
TGLS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month TGLS has a been trading in the 60.25 - 75.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TGLS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 69.99. Right above this resistance zone may be a good entry point.
More info and screens
55.16
75.23
3 important support areas can be observed.
- Support @64.76 from a horizontal line in the weekly time frame.
- A support zone ranging from 62.70 to 63.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @55.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 69.99 to 71.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 74.25 to 74.49. This zone is formed by a combination of multiple trend lines 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
CRS75.7
Mansfield1.04
10 Day High73.44
10 Day Low60.25
20 Day High75
20 Day Low60.25
52 Week High86.99
52 Week Low40.94
Performance
1 Week-1.64%
2 Weeks-1.31%
1 Month-6.71%
3 Month-19.24%
6 Month-13.09%
12 Month24.07%
2 Year54.8%
3 Year203.99%
5 Year1580.2%
10 Year490.26%
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
RSI(14)46.01
LBB62.6
UBB75.2
67.88
+0.07 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.1%
1 Week-1.64%
2 Weeks-1.31%
1 Month-6.71%
3 Month-19.24%
6 Month-13.09%
12 Month24.07%
2 Year54.8%
3 Year203.99%
5 Year1580.2%
10 Year490.26%
15 YearN/A
Volatility
ATR(14)4.41
ATR(20)%5.43%
ATR Inc-61.23%
Range Today1.29
ADR(20)3.31
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.7
Mansfield1.04
10 Day High73.44
10 Day Low60.25
20 Day High75
20 Day Low60.25
52 Week High86.99
52 Week Low40.94
CS1 End64.76
CR1 Start69.99
Volume & EV
DER(3)0.35%
DER(5)1.15%
Volume258.10K
Volume Incr-37.49%
Vol(5)302.94K
Vol(50)407.15K