Tompkins Financial Corp Forecast and Stock Analysis
Technical TMP stock analysis for April 25, 2019.
|Shorts||8.94% ( 2019-03-29 )|
Tompkins Financial Corp fell by -1.55% in the last day from $78.71 to $77.49 and has now fallen 3 days in a row. The price has fallen in 6 of the last 10 days and is down by -2.23% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -14 094 shares and in total 21 130 shares bought and sold for approximately $1.64 million.
Close price at the end of the last trading day (Thursday, 25th Apr 2019) of the TMP stock was $77.49. This is 1.55% less than the trading day before Wednesday, 24th Apr 2019.
During day the stock fluctuated 1.78% from a day low at $77.48 to a day high of $78.86.
30 day high of the TMP stock price was $79.75 and low was $73.57.
90 day high was $81.83 and low was $71.54.
52 week high for the Tompkins Financial Corp - $91.99 and low - $69.02.
Given the current horizontal trend you can expect Tompkins Financial Corp with 90% probability to be traded between $74.97 and $83.81 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
There are few to none technical positive signals at the moment. Tompkins Financial Corp holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $78.71 and $77.51. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday April 23, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSI14 is 52 and the stock is currently not being overbought or oversold
Support & Resistance
Tompkins Financial Corp finds support from accumulated volume at $76.33.
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 $1.38 (1.78%) between high and low. For the last week, the stock has had a daily average volatility of 2.10%.
Our recommended stoploss: $73.60 (-5.01%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 2 days ago.)
Very Low Low Medium High Very High
Tompkins Financial Corp holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.
|Golden Star Signal|
Get competitive edge
The signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now
|TMP $77.49 ($-1.22 -1.55%)|
TMP is down $1.22 today, but where's it headed in 2019?
|Zacks Investment Research is releasing its prediction for TMP based on the 1-3 month system that more than doubles the S&P 500.
This report is free today for StockInvest.us readers.
Click here – the TMP analysis is free »
From Our Blog
- Trading With Moving Average
- Pivot Points
- Accumulated Volume - Support and Resistance
- Volume - The Indicator You Really Need to Know
- We Give Back!
- Better Buy: Amazon vs. Facebook
- Better Buy: Apple vs. Microsoft
- Relative Strength Index (RSI)
- How to Lose Money When Trading: Part 2
- How to Lose Money When Trading: A Trader is Born
- Our 2017 Christmas Donation
- The Golden Star
- Announcing Partnership With CityFALCON
- Why correct moving average matters
- NASDAQ down -4.17%. Our portfolio is up +8.56%
- New Feature Added: Golden Star Signal
- Pick a Winner With StockInvest.us