Logo image of TGS

TRANSPORTADOR GAS-ADR SP B (TGS) Stock Technical Analysis

NYSE:TGS - New York Stock Exchange, Inc. - US8938702045 - ADR - Currency: USD

27.42  -0.87 (-3.08%)

After market: 27.42 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, TGS scores 6 out of 10 in our technical rating. In the last year, TGS was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, TGS did better than 93% of all other stocks.
TGS is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. TGS outperforms 92% of them.
TGS 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 TGS is lagging the market slightly.
In the last month TGS has a been trading in the 24.90 - 30.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TRANSPORTADOR GAS-ADR SP B / TGS Weekly stock chart
TRANSPORTADOR GAS-ADR SP B / TGS Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is only medium, TGS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 26.49, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

21.29

28.57

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 26.46 to 26.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.91 from a horizontal line in the daily time frame.
  • Support @21.50 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 27.43 to 27.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @28.29 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.18
Mansfield2.06
10 Day High28.82
10 Day Low24.9
20 Day High30
20 Day Low24.9
52 Week High34.37
52 Week Low11.81
Performance
1 Week-1.19%
2 Weeks-2.39%
1 Month-6%
3 Month-7.92%
6 Month47.66%
12 Month90.55%
2 Year141.37%
3 Year389.64%
5 Year388.77%
10 Year612.21%
15 Year868.91%
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)0.1
RSI(14)46.97
LBB25.88
UBB28.81
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
27.6726.451.22 (4.41%)22.68%
An entry @27.67. This is a Buy Stop order right above the resistance zone.An exit @26.45. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.22 points, which is 4.41%.When investing 22.68% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of TGS. 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.
TRANSPORTADOR GAS-ADR SP B / TGS Daily stock chart

TRANSPORTADOR GAS-ADR SP B

NYSE:TGS (2/21/2025, 8:04:00 PM)

After market: 27.42 0 (0%)

27.42

-0.87 (-3.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.08%
1 Week-1.19%
2 Weeks-2.39%
1 Month-6%
3 Month-7.92%
6 Month47.66%
12 Month90.55%
2 Year141.37%
3 Year389.64%
5 Year388.77%
10 Year612.21%
15 Year868.91%
Volatility
ATR(14)1.43
ATR(20)%5.45%
ATR Inc21.7%
Range Today1.7
ADR(20)1.44
ADR(20)%5.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.18
Mansfield2.06
10 Day High28.82
10 Day Low24.9
20 Day High30
20 Day Low24.9
52 Week High34.37
52 Week Low11.81
CS1 End26.49
CR1 Start27.43
Volume & EV
DER(3)0.27%
DER(5)0.42%
Volume128.10K
Volume Incr-23.46%
Vol(5)282.94K
Vol(50)339.88K