Technical Analysis for TYG - Tortoise Energy Infrastructure Corporation

Grade Last Price % Change Price Change
grade F 12.625 -2.89% -0.38
TYG closed down 6.07 percent on Thursday, February 27, 2020, on 1.65 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical TYG trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish -2.88%
Lower Bollinger Band Walk Weakness -2.88%
New 52 Week Low Weakness -2.88%
Wide Bands Range Expansion -2.88%
Below Lower BB Weakness -2.88%
Down 3 Days in a Row Weakness -2.88%
Down 4 Days in a Row Weakness -2.88%
Down 5 Days in a Row Weakness -2.88%
Gapped Down Weakness -2.88%
Oversold Stochastic Weakness -2.88%

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Profile

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.
Natural Gas Stock Fund Crude Oil Natural Gas Liquids Petroleum Products 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 24.29
52 Week Low 12.6201
Average Volume 612,535
200-Day Moving Average 19.92
50-Day Moving Average 17.68
20-Day Moving Average 16.34
10-Day Moving Average 15.49
Average True Range 0.51
ADX 43.97
+DI 7.56
-DI 67.36
Chandelier Exit (Long, 3 ATRs ) 16.35
Chandelier Exit (Short, 3 ATRs ) 14.15
Upper Bollinger Band 18.90
Lower Bollinger Band 13.79
Percent B (%b) -0.15
BandWidth 31.30
MACD Line -1.04
MACD Signal Line -0.68
MACD Histogram -0.3548
Fundamentals Value
Market Cap 637.84 Million
Num Shares 49.1 Million
EPS 9.93
Price-to-Earnings (P/E) Ratio 1.31
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.21
Resistance 3 (R3) 14.22 13.83 14.01
Resistance 2 (R2) 13.83 13.52 13.82 13.94
Resistance 1 (R1) 13.41 13.33 13.21 13.40 13.88
Pivot Point 13.02 13.02 12.92 13.01 13.02
Support 1 (S1) 12.60 12.71 12.41 12.60 12.12
Support 2 (S2) 12.21 12.52 12.20 12.06
Support 3 (S3) 11.79 12.21 11.99
Support 4 (S4) 11.79