Technical analysis from Trustpower (TPW.NZ, NZE:TPW) on the New Zealand Stock Exchange (NZX). Download the latest price data & trading signals

Trustpower
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Accumulation DVI signal for Trustpower is confirmed
Daily Volume Index /
Accumulation DVI signal for Trustpower is confirmed

[BULLISH]: Trustpower current accumulation has given strength to the share price and the continuation of bullish trading conditions.

TPW: The price-to-book ratio is 1.36
GROWTH /
TPW: The price-to-book ratio is 1.36

Trustpower Key financial metrics: (1) Book Value: $4.39 (2) Market-to-Book ratio: 1.36 (3) PEG Ratio: 20.03

Ease of Movement /
Price dipped caused by low volume trading for Trustpower during last trading session

TPW: EOM Current Signal -> (1) 20 Oct: BEARISH EASY (2) 19 Oct: BULLISH EASY (3) 18 Oct: BULLISH EASY

Aroon Oscillator /
[Uptrend]: Aroon oscillator (84) strong uptrend has been confirmed for TPW

[BULLISH]: Trustpower has a current ARO(25) of 84. This has change 0 points from yesterday.

Elders Force Index /
Recent trading highlights continued buying pressure is present for TPW

TPW: Elders Force Index Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

Low Price /
Trustpower: Daily low performance is -0.3 % [Downtrend]

[BULLISH]: Trustpower current downtrend in the first timeframe. Currently, the Low is $5.89 (-0.3 %).

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Three White Soldiers /
Trustpower: Three White Soldiers

TPW: Continuation Candlestick Current Signal -> (1) 20 Oct: NEUTRAL (2) 19 Oct: BULLISH (3) 18 Oct: NEUTRAL

Volume /
Recent trading for TPW has failed to beat the previous volume by -62.9 [Downtrend]

TPW: VOLUME Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

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Price continues to trade above the Sine Weighted Moving Average(5) for TPW
Sine Weighted Moving Average /
Price continues to trade above the Sine Weighted Moving Average(5) for TPW

[BULLISH]: Trustpower currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.5%.

Sellers have decreased eagerness for TPW reducing strength of a continued downtrend in the first timeframe.
Range Tod Vs Range Yest /
Sellers have decreased eagerness for TPW reducing strength of a continued downtrend in the first timeframe.

[WEAK BULLISH]: Trustpowersellers are becoming less eager. There has been 2 consecutive days of range increase for TPW reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.52 & the greatest daily price range this year has been $1.55. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.3x.

Momentum /
Momentum(5) is increasing for Trustpower

[BULLISH]: Trustpower currently has positive momentum of 0.04. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -0.5%. The largest upward momentum rally for the last 3 months is 17 days producing a return of 10%%.

Open Tod Vs Close Tod /
Trustpower opened in the middle part of daily range at 50% & closed in the upper part of the trading range at 100%. This suggests the buyers have taken control.

TPW: Open today versus close yesterday Current Signal ->(1) 20 Oct: BULLISH (2) 19 Oct: BULLISH STRONG (3) 18 Oct: BULLISH STRONG

Ex-Dividend /
Trustpower: Ex-Dividend Date -> May 25 2017

The last ex-dividend date recorded for TPW occurred on the May 25 2017. This event was 148 days from the current trading day.

Trustpower has broken the first DeMark support point ($5.92) [Bearish]
Demarks Pivot Points /
Trustpower has broken the first DeMark support point ($5.92) [Bearish]

Trustpower has broken the first DeMark support point ($5.92) [Bearish]. Look for a short limit order entry near this point. Exit price for TPW should be set @$5.91 & short position stoploss for Trustpower should be set at $5.95

TPW: Revenue is $939.86M
PROFIT /
TPW: Revenue is $939.86M

Trustpower Key financial metrics: (1) Revenue: $939.86M (2) EBITDA: $222.76M (3) Price-Sales ratio: 1.98

Relative Strength Index /
Trustpower is no longer overbought [Neutral]

[BEARISH]: Trustpower is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @83.0235

Exponential Moving Average /
Price continues to trade above the Exponential Moving Average(5) for TPW

[BULLISH]: Trustpower currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.5%.

VALUE /
TPW: P/E ratio is 20.03

Trustpower Key financial metrics: (1) EPS: $0.30 (2) P/E Ratio: 20.03

Daily bar has confirmed has confirmed an ADX a strong trend is intact for TPW
Average Directional Movement /
Daily bar has confirmed has confirmed an ADX a strong trend is intact for TPW

[Trend]: ADX for TPW has confirmed a strong trend is presentTrustpower has an ATR(14) of 0.067, a DX of 66.11 & an ADX(14) of 41.58

Overbought signal for the Upper Envelope band is still current for Trustpower
Moving Average Envelope /
Overbought signal for the Upper Envelope band is still current for Trustpower

[BEARISH]: Trustpower current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 5.9115.

Negative momentum on volume for TPW is maintained & supports a bearish move is likely
Percentage Volume /
Negative momentum on volume for TPW is maintained & supports a bearish move is likely

[BEARISH]: Trustpower currently has negative PVO -12%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 8.5%.

Volume Rate of Change /
Volume rate of change continues to build for Trustpower signalling a short term downtrend is likely

[BEARISH]: Trustpower currently has negative rate of change of -66%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.5%.

TRADE /
TPW: MCap is $1.86B

Trustpower key financial metrics: (1) MCAP: $1.86B (2) Shares: 312972000 (3) Free Float: 69098000

Woodie Pivot Point /
Trustpower has moved below the S1 Woodie pivot point ($5.91) [Bearish]

Trustpower has broken the first Woodie support point ($5.91) [Bearish]. Look for a short limit order entry near this point. Exit price for TPW should be set @$5.88 & short position stoploss for Trustpower should be set at $5.96

Triangular Moving Average /
Price continues to trade above the Triangular Moving Average(5) for TPW

[BULLISH]: Trustpower currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.5%.

Daily trading performance for TPW has initiated a short term downtrend
Close Tod Vs Close Yest /
Daily trading performance for TPW has initiated a short term downtrend

[BEARISH]: Trustpowersellers are keener than buyers and are driving the price down. This is the first day of price decline for TPW adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -0.9 & the greatest daily negative change this year has been -4.2. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -31.1%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -0.9%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.2x. Over the last month the average daily downward movement has been -0.6%

MACD oscillator remains positive for TPW
MACD /
MACD oscillator remains positive for TPW

[BULLISH]: Trustpower currently has positive MACD of 0.048000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 8.6%.

Detrended Price Oscillator /
Daily trading has confirmed the DPO(20) is bullish for Trustpower

[BULLISH]: Trustpower currently has a confirmed uptrend. Price is currently above the displaced moving average for TPWCurrently, the return on DPO20 is -0.5%.

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