Tpi Composites (TPIC)
SHORT WHITE CANDLE
Trading: BUY @ $25.1
Signal Strength: WEAK
Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.
Tpi Composites (NASDAQ:TPIC) has formed a Short White candlestick. This means, TPIC has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
This candlestick implies a relatively weak buying pressure with a limited price movement.
Calculation: Short White Candlestick:
1) The body of the candlestick is white and small.
PROFILE: Tpi Composites (TPIC)
Stock Exchange: NASDAQ
Company: Tpi Composites
Ticker Codes: | TPIC | NASDAQ:TPIC |
TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers. The company also provides composite solutions for the transportation industry. It operates in the United States, Asia, Mexico, Europe, the Middle East, and Africa. The company was formerly known as LCSI Holding, Inc. and changed its name to TPI Composites, Inc. in 2008. TPI Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona.
|DHXM DHX Media Ltd||1.63||5.8||121,700||1||BULLISH|
|SVA Sinovac Biotech||7.51||4.2||22,688||1||BULLISH|
|MDXG Mimedx Inc||5.31||2.5||1,633,617||0||BULLISH|
|GTLS Chart Industries||69.78||2.2||882,673||1||BULLISH|
|ERIE Erie Indemnity Co||126.47||1.7||27,197||1||BULLISH|
|GOGL Golden Ocean||8.56||1.7||99,733||0||BULLISH|
|XRAY Dentsply Sirona Inc||36.28||1.7||4,193,280||1||BULLISH|
|DISH Dish Network Corp||34.91||1.5||2,709,493||0||BULLISH|
|YORW York Water Co||32.23||1.5||37,222||1||BULLISH|