Technical Analysis for TGP - Teekay LNG Partners L.P.

Grade Last Price % Change Price Change
grade D 11.68 2.19% 0.25
TGP closed up 2.19 percent on Friday, August 7, 2020, on 38 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical TGP trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Weak + Overbought Other 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%
Up 5 Days in a Row Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.19%

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Profile

Teekay LNG Partners L.P. provides marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG), and crude oil worldwide. It transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia. The company provides its services through a time-charter or bareboat charter contract basis. As of December 31, 2012, it had a fleet of 27 LNG carriers and 5 LPG/Multigas carriers. Teekay GP L.L.C. serves as the general partner of the company. Teekay LNG Partners L.P. was founded in 2004 and is headquartered in Hamilton, Bermuda. Teekay LNG Partners LP operates as a subsidiary of Teekay Corporation.
Chemistry Natural Gas Crude Oil Petroleum Production Fuels Chemical Substances Fuel Gas Industrial Gases Liquefied Natural Gas Petroleum Gas Propane Alkanes Marine Transportation Services Teekay Gas Carrier

Is TGP 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 16.74
52 Week Low 7.0
Average Volume 251,131
200-Day Moving Average 12.54
50-Day Moving Average 11.56
20-Day Moving Average 11.16
10-Day Moving Average 11.22
Average True Range 0.39
ADX 12.04
+DI 22.97
-DI 18.08
Chandelier Exit (Long, 3 ATRs ) 10.51
Chandelier Exit (Short, 3 ATRs ) 11.53
Upper Bollinger Band 11.70
Lower Bollinger Band 10.62
Percent B (%b) 0.99
BandWidth 9.63
MACD Line -0.03
MACD Signal Line -0.09
MACD Histogram 0.064
Fundamentals Value
Market Cap 930.44 Million
Num Shares 79.7 Million
EPS 1.71
Price-to-Earnings (P/E) Ratio 6.83
Price-to-Sales 3.38
Price-to-Book 0.88
PEG Ratio 2.38
Dividend 0.56
Dividend Yield 4.79%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.37
Resistance 3 (R3) 12.30 11.99 12.26
Resistance 2 (R2) 11.99 11.82 12.03 12.22
Resistance 1 (R1) 11.84 11.71 11.92 11.91 12.18
Pivot Point 11.53 11.53 11.57 11.57 11.53
Support 1 (S1) 11.38 11.36 11.46 11.45 11.18
Support 2 (S2) 11.07 11.25 11.11 11.14
Support 3 (S3) 10.92 11.07 11.11
Support 4 (S4) 10.99