Technical Analysis for TYG - Tortoise Energy Infrastructure Corporation

Grade Last Price % Change Price Change
A 34.35 0.59% 0.20
TYG closed up 0.59 percent on Friday, May 17, 2024, on 41 percent of normal volume. 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%
180 Bullish Setup Bullish Swing Setup 0.00%
Gapped Up 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%
Up 5 Days in a Row Strength 0.00%
Shooting Star Candlestick Bearish 0.59%
Lizard Bearish Bearish Day Trade Setup 0.59%
New 52 Week Closing High Bullish 0.59%

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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 34.39
52 Week Low 24.8586
Average Volume 45,773
200-Day Moving Average 28.77
50-Day Moving Average 31.19
20-Day Moving Average 32.43
10-Day Moving Average 33.37
Average True Range 0.46
RSI (14) 78.81
ADX 37.66
+DI 46.20
-DI 12.14
Chandelier Exit (Long, 3 ATRs) 33.02
Chandelier Exit (Short, 3 ATRs) 31.60
Upper Bollinger Bands 34.72
Lower Bollinger Band 30.14
Percent B (%b) 0.92
BandWidth 14.10
MACD Line 0.89
MACD Signal Line 0.69
MACD Histogram 0.2019
Fundamentals Value
Market Cap 369.77 Million
Num Shares 10.8 Million
EPS -2.92
Price-to-Earnings (P/E) Ratio -11.76
Price-to-Sales 19.94
Price-to-Book 0.81
PEG Ratio 0.00
Dividend 2.84
Dividend Yield 8.27%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.79
Resistance 3 (R3) 34.74 34.54 34.71
Resistance 2 (R2) 34.54 34.43 34.57 34.69
Resistance 1 (R1) 34.45 34.36 34.50 34.50 34.66
Pivot Point 34.25 34.25 34.28 34.28 34.25
Support 1 (S1) 34.16 34.14 34.21 34.21 34.04
Support 2 (S2) 33.96 34.07 33.99 34.01
Support 3 (S3) 33.87 33.96 33.99
Support 4 (S4) 33.92