Technical Analysis for TYG - Tortoise Energy Infrastructure Corporation

Grade Last Price % Change Price Change
A 44.23 0.90% 0.40
TYG closed up 0.9 percent on Wednesday, November 20, 2024, on 3.39 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
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Reversal New Highs Setup Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
New 52 Week High Strength 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Gapped Down Weakness 0.00%
NR7 Range Contraction 0.90%

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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 Natural Gas Liquids Petroleum Products Propane Master Limited Partnership Energy Infrastructure Refined Petroleum Products Tortoise Energy Infrastructure Sector 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 44.4099
52 Week Low 25.339
Average Volume 16,182
200-Day Moving Average 33.73
50-Day Moving Average 40.41
20-Day Moving Average 41.83
10-Day Moving Average 43.18
Average True Range 0.66
RSI (14) 71.91
ADX 34.04
+DI 46.83
-DI 17.13
Chandelier Exit (Long, 3 ATRs) 42.42
Chandelier Exit (Short, 3 ATRs) 41.91
Upper Bollinger Bands 44.77
Lower Bollinger Band 38.88
Percent B (%b) 0.91
BandWidth 14.10
MACD Line 1.05
MACD Signal Line 0.88
MACD Histogram 0.1679
Fundamentals Value
Market Cap 476.13 Million
Num Shares 10.8 Million
EPS -2.92
Price-to-Earnings (P/E) Ratio -15.15
Price-to-Sales 19.94
Price-to-Book 0.81
PEG Ratio 0.00
Dividend 2.84
Dividend Yield 6.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.49
Resistance 3 (R3) 45.41 44.91 45.28
Resistance 2 (R2) 44.91 44.59 44.95 45.21
Resistance 1 (R1) 44.57 44.39 44.74 44.65 45.14
Pivot Point 44.07 44.07 44.15 44.11 44.07
Support 1 (S1) 43.73 43.75 43.90 43.81 43.32
Support 2 (S2) 43.23 43.55 43.27 43.25
Support 3 (S3) 42.89 43.23 43.18
Support 4 (S4) 42.97