TPX Technical Signal Analysis
TPX have 5 buy signals and 5 sell signals now. The current trend is consolidation starting from 2025-01-27. The total price change during this trend is +15.29%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of TPX over last 5 trading day is $193,758,628.73
5 Bullish Signal
5 Bearish Signal
Name
Signal
Value
Meaning
Average Directional Index (14 days)
ADX_14 > 25
41.73
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
6.02
Bullish
Momentum (10 days)
MOM_10 > 0
5.64
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.65
Bullish
Closing price
close > fibonacci_R1
68.78
Bullish
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 > 70
71.34
Bearish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
89.87
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
135.31
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 0.8
47.47
Bearish
Williams %R (14 days)
WILLR_14 > -20
-7.5
Bearish
5 Bullish Signal
Name
Signal
Value
Meaning
Average Directional Index (14 days)
ADX_14 > 25
41.73
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
6.02
Bullish
Momentum (10 days)
MOM_10 > 0
5.64
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.65
Bullish
Closing price
close > fibonacci_R1
68.78
Bullish
TPX Support and Resistance Level
The support levels for TPX are at 64.39, 63.05, and 60.87, while the resistance levels are at 68.74, 70.09, and 72.26. With the current stock price at 68.78, it is leaning more toward the resistance levels.
TPX Technical Analysis
Technical Analysis of TPX Stock
Current Price and Technical Indicators
As of the latest data, TPX is trading at $68.78. Below is a breakdown of key technical indicators and levels:
- RSI (14-period): 71.34 (Overbought territory, suggesting potential pullback)
- MACD: 2.65 (Bullish crossover with rising momentum)
- Stochastic Oscillator: 82.43 (Overbought, indicating near-term correction potential)
- Fibonacci Levels:
- Resistance 1: 68.74
- Resistance 2: 70.09
- Support 1: 64.39
- Support 2: 63.05
Price Action and Trends
The stock is currently testing the first resistance level at 68.74. A breakout above this level could lead to a move toward 70.09, while failure to breach resistance may result in a pullback to the support levels.
Fibonacci Pivot Levels
News Sentiment and Analyst Ratings
- Highlighted as a GARP stock, indicating strong growth and reasonable valuation.
- Bank of America maintains a "Buy" rating with a price target of $79, reflecting confidence in the stock's upside potential.
Conclusion
Based on the analysis, TPX is trading near key resistance levels with overbought RSI and Stochastic indicators. While the stock has strong fundamental support, the technical setup suggests a near-term pullback is likely.
Recommendation: Sell TPX at current levels (around $68.78) to lock in profits or adjust portfolio exposure. Re-enter on a pullback to the support levels.
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Always consult a financial advisor before making investment decisions.
TPX FAQs
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Is TPX a buy based on overall technical signals summary?
TPX Buy or Sell
TPX has 5 buy signals and 5 sell signals now. Overall the technical rating for TPX is Neutral.
Neutral
Sell
5
Buy
5
TPX Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 68.78 above the SMA_5. In the short term, the stock shows a positive trend with the 67.01 above the SMA_20. In the mid term, the stock shows a positive trend with the 63.72 above the SMA_60. In the long term, the stock shows a positive trend with the 58.46 above the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about TPX's current trend?What are TPX's key support and resistance levels?