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TORTOISE POWER ENRGY INFRA (TPZ) Stock Technical Analysis

NYSE:TPZ - New York Stock Exchange, Inc. - US8909301009 - ETF - Currency: USD

20.81  -0.24 (-1.14%)

Technical Rating and Analysis

8

Taking everything into account, TPZ scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month TPZ has a been trading in the 20.64 - 22.30 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that TPZ is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by TPZ over the past year are nicely spread over this period.
TPZ 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 TPZ is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
TORTOISE POWER ENRGY INFRA / TPZ Weekly stock chart
TORTOISE POWER ENRGY INFRA / TPZ Daily stock chart
Setup Rating and Analysis

7

TPZ has an excellent technical rating and 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. We notice that large players showed an interest for TPZ in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

17.23

22.39

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 19.53 to 19.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.20 from a trend line in the daily time frame.
  • Support @17.40 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 20.83 to 21.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 21.90 to 22.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS86.07
Mansfield0.91
10 Day High21.5
10 Day Low20.64
20 Day High22.3
20 Day Low20.64
52 Week High22.3
52 Week Low14.36
Performance
1 Week-2.62%
2 Weeks-1.33%
1 Month-1.94%
3 Month3.85%
6 Month16.48%
12 Month44.11%
2 Year60.08%
3 Year47.8%
5 Year41.47%
10 Year-21.17%
15 Year3.02%
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)-0.09
RSI(14)46.16
LBB20.6
UBB21.67
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
21.3520.630.72 (3.37%)25.00%
An entry @21.35. This is a Buy Stop order right above the resistance zone.An exit @20.63. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.72 points, which is 3.37%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%.

  • 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.
TORTOISE POWER ENRGY INFRA / TPZ Daily stock chart

TORTOISE POWER ENRGY INFRA

NYSE:TPZ (2/12/2025, 8:04:00 PM)

20.81

-0.24 (-1.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.14%
1 Week-2.62%
2 Weeks-1.33%
1 Month-1.94%
3 Month3.85%
6 Month16.48%
12 Month44.11%
2 Year60.08%
3 Year47.8%
5 Year41.47%
10 Year-21.17%
15 Year3.02%
Volatility
ATR(14)0.39
ATR(20)%1.78%
ATR Inc-14.31%
Range Today0.31
ADR(20)0.32
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.07
Mansfield0.91
10 Day High21.5
10 Day Low20.64
20 Day High22.3
20 Day Low20.64
52 Week High22.3
52 Week Low14.36
CS1 End19.73
CR1 Start20.83
Volume & EV
DER(3)8.16%
DER(5)5.87%
Volume44.00K
Volume Incr-70.68%
Vol(5)30.51K
Vol(50)126.47K