Weaker Buy Today TMP ranks #1355 as BUY CANDIDATE #1355 Stronger Buy

TMP stock forecast Tompkins Financial Corp

TMP stock forecast

VOLUME
Buy
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

TMP Forecast and Technical Stock Analysis

Buy candidate since 2019-07-12

Tompkins Financial Corp gained 2.07% in the last trading day ( Friday, 12th Jul 2019 ), rising from $80.02 to $81.68 During day the stock fluctuated 2.33% from a day low at $80.28 to a day high of $82.15. The price has been going up and down for this period, and there has been a 0.16% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 23 966 more shares were traded than the day before. In total, 47 346 shares bought and sold for approximately $3.87 million.

Quick summary:

  • 30 day high of the TMP stock price was $82.75 and low was $78.15.
  • 90 day high was $83.82 and low was $76.09.
  • 52 week high for the Tompkins Financial Corp - $91.99 and low - $69.02.
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Trend

Tompkins Financial Corp lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.25% during the next 3 months and, with 90% probability hold a price between $80.08 and $87.12 at the end of this period.

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Signals

Only positive signals in the chart today. Tompkins Financial Corp holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $81.15 and $80.19. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday July 11, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

A sell signal from a double top formation was found on Friday July 05, 2019 and based on theory for this formation the price should fall by -1.54% to $80.65 within 3 trading days since signal was issued (Wednesday July 10, 2019).

Relative Strength Index (RSI)

RSImin/max Values: [ 30 - 75 ]

RSI14 is 63 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

Tompkins Financial Corp finds support from accumulated volume at $80.65.

Support: $80.65 Price: $81.68 Resistance: $82.19

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.87 (2.33%) between high and low. For the last week, the stock has had a daily average volatility of 2.08%.

Our recommended stoploss: $77.52 (-5.10%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

2.08 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Upgraded

Evaluation

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.

Weaker Buy Today TMP ranks #1355 as BUY CANDIDATE #1355 Stronger Buy

Will TMP stock price go up or down on Tue, 16 Jul 2019?

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