TPI COMPOSITES INC (TPIC)

US87266J1043 - Common Stock

2.4  +1.18 (+96.72%)

After market: 2.01 -0.39 (-16.25%)

Technical Rating and Analysis

1

Taking everything into account, TPIC scores 1 out of 10 in our technical rating. TPIC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TPIC is a bad performer in the overall market: 94% of all stocks are doing better.
TPIC is part of the Electrical Equipment industry. There are 88 other stocks in this industry, of which 75% are performing better than TPIC.
TPIC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TPIC is lagging the market.
In the last month TPIC has a been trading in the 1.10 - 2.63 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TPIC has an average volume of 1701880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
TPIC Weekly chart
TPIC Daily chart
Setup Rating and Analysis

1

The technical rating of TPIC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.38

5.12

5 important resistance areas can be observed.

  • Resistance @3.50 from a trend line in the weekly time frame.
  • Resistance @4.14 from a trend line in the weekly time frame.
  • Resistance @4.50 from a trend line in the daily time frame.
  • A resistance zone ranging from 4.78 to 4.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @5.07 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
CRS6.38
Mansfield-3.72
10 Day High2.63
10 Day Low1.1
20 Day High2.63
20 Day Low1.1
52 Week High5.75
52 Week Low1.1
Performance
1 Week95.12%
2 Weeks51.9%
1 Month23.08%
3 Month-45.7%
6 Month-47.77%
12 Month-41.75%
2 Year-76.33%
3 Year-83.96%
5 Year-87.03%
10 YearN/A
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)0.1
RSI(14)60.55
LBB0.86
UBB2.18
TPIC Daily chart

TPI COMPOSITES INC

NASDAQ:TPIC (12/20/2024, 8:00:01 PM)

After market: 2.01 -0.39 (-16.25%)

2.4

+1.18 (+96.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg96.72%
1 Week95.12%
2 Weeks51.9%
1 Month23.08%
3 Month-45.7%
6 Month-47.77%
12 Month-41.75%
2 Year-76.33%
3 Year-83.96%
5 Year-87.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%10.36%
ATR Inc320.79%
Range Today1.41
ADR(20)0.24
ADR(20)%10.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.38
Mansfield-3.72
10 Day High2.63
10 Day Low1.1
20 Day High2.63
20 Day Low1.1
52 Week High5.75
52 Week Low1.1
CS1 EndN/A
CR1 Start3.5
Volume & EV
DER(3)16.33%
DER(5)6.67%
Volume34.00M
Volume Incr580.27%
Vol(5)8.19M
Vol(50)1.70M