NYSE:TNL - New York Stock Exchange, Inc. - US8941641024 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to TNL. Both in the recent history as in the last year, TNL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, TNL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 53.90, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
47.50
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 |
---|---|---|---|
56.44 | 54.89 | 1.55 (2.75%) | 25.00% |
An entry @56.44. This is a Buy Stop order right above the resistance zone. | An exit @54.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.55 points, which is 2.75%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
55.45
-0.37 (-0.66%)