Technical Analysis for TYG - Tortoise Energy Infrastructure Corporation

Grade Last Price % Change Price Change
A 32.19 1.55% 0.49
TYG closed up 1.55 percent on Tuesday, May 7, 2024, on 1.15 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
180 Bullish Setup Bullish Swing Setup 1.55%
Gapped Up Strength 1.55%
Up 3 Days in a Row Strength 1.55%

   Recent Intraday Alerts

Alert Time
Up 1 ATR about 11 hours ago
60 Minute Opening Range Breakout about 12 hours ago
Bullish 180 Entry about 15 hours ago
Rose Above Previous Day's High about 15 hours ago
Up 1% about 15 hours ago

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Profile

Tortoise Energy Infrastructure Corporation Description

Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities. The fund primarily invests in securities of publicly traded Master Limited Partnerships and stocks of companies having a market capitalization greater than $100 million. Tortoise Energy Infrastructure Corporation was formed on October 30, 2003 and is domiciled in the United States.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Stock Fund Natural Gas Crude Oil Petroleum Products Natural Gas Liquids Propane Master Limited Partnership Energy Infrastructure Refined Petroleum Products Energy Infrastructure Sector Tortoise Public Equity Markets

Is TYG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 32.24
52 Week Low 24.8586
Average Volume 47,485
200-Day Moving Average 28.57
50-Day Moving Average 30.48
20-Day Moving Average 31.20
10-Day Moving Average 31.52
Average True Range 0.47
RSI (14) 64.16
ADX 25.39
+DI 37.88
-DI 20.92
Chandelier Exit (Long, 3 ATRs) 30.82
Chandelier Exit (Short, 3 ATRs) 30.95
Upper Bollinger Bands 32.49
Lower Bollinger Band 29.90
Percent B (%b) 0.88
BandWidth 8.32
MACD Line 0.32
MACD Signal Line 0.32
MACD Histogram 0.0023
Fundamentals Value
Market Cap 346.52 Million
Num Shares 10.8 Million
EPS -2.92
Price-to-Earnings (P/E) Ratio -11.02
Price-to-Sales 19.94
Price-to-Book 0.81
PEG Ratio 0.00
Dividend 2.84
Dividend Yield 8.82%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 32.93
Resistance 3 (R3) 32.86 32.55 32.80
Resistance 2 (R2) 32.55 32.36 32.58 32.76
Resistance 1 (R1) 32.37 32.25 32.46 32.44 32.72
Pivot Point 32.06 32.06 32.11 32.09 32.06
Support 1 (S1) 31.88 31.87 31.97 31.95 31.66
Support 2 (S2) 31.57 31.76 31.60 31.62
Support 3 (S3) 31.39 31.57 31.58
Support 4 (S4) 31.46