TORTOISEECOFIN ACQUISITION-A (TRTL)

KYG8956E1098 - Common Stock

10.92  -0.01 (-0.09%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to TRTL. Although TRTL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, TRTL turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
TRTL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRTL is lagging the market.
In the last month TRTL has a been trading in a tight range between 10.89 and 10.96.
Weekly and Daily overview Charts
TRTL Weekly chart
TRTL Daily chart
Setup Rating and Analysis

5

Although TRTL 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.

Support and Resistance Analysis

9.51

11.11

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 10.75 to 10.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.47 to 10.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 9.61 to 9.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 10.93 to 11.00. 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
CRS59.4
Mansfield-1.06
10 Day High10.96
10 Day Low10.9
20 Day High10.96
20 Day Low10.89
52 Week High11.43
52 Week Low10.35
Performance
1 Week0.14%
2 Weeks0.18%
1 Month0.28%
3 Month1.39%
6 Month2.82%
12 Month5.51%
2 Year13.04%
3 YearN/A
5 YearN/A
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
RSI(14)61.04
LBB10.89
UBB10.93
TRTL Daily chart

TORTOISEECOFIN ACQUISITION-A

NYSE:TRTL (6/27/2024, 7:04:00 PM)

10.92

-0.01 (-0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week0.14%
2 Weeks0.18%
1 Month0.28%
3 Month1.39%
6 Month2.82%
12 Month5.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%0.17%
ATR Inc
Range Today0.03
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 High10.96
10 Day Low10.9
20 Day High10.96
20 Day Low10.89
52 Week High11.43
52 Week Low10.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume231.40K
Volume Incr124.68%
Vol(5)172.36K
Vol(50)207.63K