Technical analysis from Tpi Enterprises (TPE.AX.AX, ASX:TPE.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Tpi Enterprises
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Average Directional Index for Tpi Enterprises has signalled a weak trend is active
Average Directional Movement /
Average Directional Index for Tpi Enterprises has signalled a weak trend is active

[Weak Trend]: ADX for TPE has confirmed a weak trend is presentTpi Enterprises has an ATR(14) of 0.082, a DX of 15.38 & an ADX(14) of 21.08

Tpi Enterprises: Momentum(5)
Momentum /
Tpi Enterprises: Momentum(5)

[BEARISH]: Tpi Enterprises currently has negative momentum of -0.04 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.8%.The largest downward momentum rally for the last 3 months is 1 days producing a return of 0%%.

Detrended Price Oscillator /
DPO for TPE has confirmed price is currently above the displaced moving average

TPE: DPO Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH CROSSOVER

Relative Strength Index /
Tpi Enterprises is no longer overbought and normal trading conditions are resumed [OVERBOUGHT]

[BEARISH]: Tpi Enterprises is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @75.1544

Moving Average Envelope /
Tpi Enterprises: Closing price $2.38 is above the Upper Envelope Band ($2.3625)

[BEARISH]: Tpi Enterprises current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 2.3625.

Range Tod Vs Range Yest /
Expanding price range for TPE signalling sellers continue to be more eager

TPE: Range today versus range yesterday Current Signal ->(1) 11 Jan: BEARISH (2) 11 Jan: BULLISH (3) 11 Jan: BEARISH

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Close Tod Vs Range Tod /
Buyers of Tpi Enterprises were in control at the market close.

[BULLISH]: Tpi Enterprises buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for Tpi Enterprises adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 91 trading days with the closing price in the upper part of the range giving a confirmation ratio of 34.9%. Over the last month there has been 8 trading days with the closing price in the upper range giving a confirmation ratio of 100%. Currently this quarter, closing price has spent 8 days in the upper price range compared to 7 days in the lower range giving a ratio of 1.1x.

Tpi Enterprises: Daily price range is $0.06 [Decreasing Range]
Price Range /
Tpi Enterprises: Daily price range is $0.06 [Decreasing Range]

[BEARISH]: Tpi Enterprises current downtrend in the first timeframe. Currently, the Range is $0.06.

Volume is still below the short term EMA for TPE [Bearish]
Percentage Volume /
Volume is still below the short term EMA for TPE [Bearish]

TPE: PVO Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH

Chaikin Money Flow /
Tpi Enterprises: Negative divergence confirmed from CMF Crossover

[BEARISH CROSSOVER]: Tpi Enterprises current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.41. During the quarter, the lowest CMF value was -0.64

Ease of Movement /
Price dipped from high volume trading for Tpi Enterprises during last trading session

TPE: EOM Current Signal -> (1) 11 Jan: BEARISH HARD (2) 11 Jan: NEUTRAL (3) 11 Jan: BULLISH HARD

Woodie Pivot Point /
Tpi Enterprises has moved below the S1 Woodie pivot point ($2.35) [Bearish]

Tpi Enterprises has broken the first Woodie support point ($2.35) [Bearish]. Look for a short limit order entry near this point. Exit price for TPE should be set @$2.315 & short position stoploss for Tpi Enterprises should be set at $2.435

14-day volume rate of change is now increasing for Tpi Enterprises
Volume Rate of Change /
14-day volume rate of change is now increasing for Tpi Enterprises

TPE: VROC Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BULLISH

Positive ROC for Tpi Enterprises is a leading indicator for continued price rise
Rate of Change /
Positive ROC for Tpi Enterprises is a leading indicator for continued price rise

[BULLISH]: Tpi Enterprises currently has positive rate of change of 9.2%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Aroon Oscillator /
[Uptrend]: Aroon oscillator (56) strong uptrend has been confirmed for TPE

[BULLISH]: Tpi Enterprises has a current ARU(25) of 84 and a current ARD(25) of 28

Closing Price /
Close for TPE has not surpassed the close of the previous trading session

[BEARISH]: Tpi Enterprises current downtrend in the first timeframe. Currently, the Close is $2.38.

Triangular Moving Average /
Triangular Moving Average(5) signal is confirmed for Tpi Enterprises indicating downward price movement is likely

[BEARISH]: Tpi Enterprises currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.8%.

[Bearish]: EMA(5) is serving as a resistance line for Tpi Enterprises
Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Tpi Enterprises

[BEARISH]: Tpi Enterprises currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.8%.

Tpi Enterprises has broken below the 161.8% extension level ($11.51) [Bullish]
Fibonacci Extensions /
Tpi Enterprises has broken below the 161.8% extension level ($11.51) [Bullish]

Tpi Enterprises has moved below the 161.8% level ($11.51) [Bullish]. Look for a long limit order entry near this point. Exit price for TPE should be set @$14.47 & Stoploss for Tpi Enterprises should be set at $8.54

Drawdown for Tpi Enterprises is currently low signalling low stress
Ulcer Index /
Drawdown for Tpi Enterprises is currently low signalling low stress

[BEARISH]: Tpi Enterprises UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.458.

Elder Ray Index /
Bull power has increased for Tpi Enterprises signalling bullish conditions are likely

[BULLISH]: Tpi EnterprisesElder Ray Index is signalling a Bullish movementERI is 0.058 indicating bull power. Prices are being driven above the consensus of value for TPE during the last trading session [Buying Pressure]

On Balance Volume /
Recent trading signals Tpi Enterprises is being distributed

[BEARISH]: Tpi Enterprises current price has highlighted recent distribution. Currently, the OBV is -99503.

Camarilla Pivot Points /
Camarilla pivot point for TPE is bearish. Stoploss should be positioned @$2.776

Tpi Enterprises current pivot point Camarilla is: $2.373. The current resistance levels are: (R1) $2.578: (R2) $2.776: (R3) $2.973: (R4) $3.567The current support levels are: (S1) $2.182: (S2) $1.984: (S3) $1.787: (S4) $1.193

Close Tod Vs Close Yest /
Daily trading performance for TPE has continued a short term downtrend

[BEARISH]: Tpi Enterprisessellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for TPE adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -1.6 & the greatest daily negative change this year has been -1.6. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -15%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -1.6%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x. Over the last month the average daily downward movement has been -0.9%

Tpi Enterprises: Daily high performance is -2 % [Downtrend]
High Price /
Tpi Enterprises: Daily high performance is -2 % [Downtrend]

[BEARISH]: Tpi Enterprises current downtrend in the first timeframe. Currently, the HIGH is -2 %.

TPE Basic Candle: Black
Black Candle /
TPE Basic Candle: Black

[BEARISH]: Tpi Enterprises has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Low Price /
Low for TPE has surpassed the low of the previous trading session

TPE: LOW Current Signal -> (1) 11 Jan: NEUTRAL (2) 10 Jan: BEARISH (3) 09 Jan: NEUTRAL

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