TECNOGLASS INC (TGLS)
KYG872641009 - Common Stock
We assign a technical rating of 10 out of 10 to TGLS. Both in the recent history as in the last year, TGLS 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 TGLS is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by TGLS over the past year are nicely spread over this period.
TGLS is part of the Building Products industry. There are 39 other stocks in this industry. TGLS outperforms 92% of them.
TGLS 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 TGLS is lagging the market slightly.
In the last month TGLS has a been trading in the 67.18 - 80.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although TGLS has an excellent technical rating, the quality of the presented setup is not ideal 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
48.55
80.16
We found 4 important support areas.
- A support zone ranging from 71.49 to 73.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 68.50 to 68.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.69 from a horizontal line in the daily time frame.
- Support @49.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @79.37 from a horizontal 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
CRS94.87
Mansfield2.31
10 Day High79.64
10 Day Low67.18
20 Day High80.51
20 Day Low67.18
52 Week High80.51
52 Week Low33.19
Performance
1 Week-3.72%
2 Weeks6.82%
1 Month-6.31%
3 Month24.21%
6 Month33.45%
12 Month105.02%
2 Year152.31%
3 Year137.72%
5 Year813.48%
10 Year587.04%
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)0.16
RSI(14)53.79
LBB65.72
UBB78.1
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 |
|---|---|---|---|
| 79.38 | 71.48 | 7.90 (9.95%) | 10.05% |
| An entry @79.38. This is a Buy Stop order right above the resistance zone. | An exit @71.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.90 points, which is 9.95%. | For a 1.00% total portfolio risk, you can invest 10.05% of your capital in this trade. |
- 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.
TECNOGLASS INC
NYSE:TGLS (11/15/2024, 8:04:00 PM)
After market: 73.17 0 (0%)73.17
-0.77 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-1.04%
1 Week-3.72%
2 Weeks6.82%
1 Month-6.31%
3 Month24.21%
6 Month33.45%
12 Month105.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.15
ATR(20)%4.22%
ATR Inc
Range Today1.96
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High79.64
10 Day Low67.18
20 Day High80.51
20 Day Low67.18
52 Week High80.51
52 Week Low33.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume258.50K
Volume Incr63.57%
Vol(5)468.42K
Vol(50)310.89K