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(TGLS) Tecnoglass Inc complete technical analysis [charts+indicators] | Buy/Sell Tecnoglass Inc | (TGLS) share price targets

Complete technical analysis of Tecnoglass Inc (TGLS) by charts plus indicators, forecast predictions and share price targets for Tecnoglass Inc (TGLS)

Tecnoglass Inc trades in USA in Consumer Durables sector.

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Tecnoglass Inc is 262442

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	51.97	51.55	52.23	50.94	1.107 times
29 Wed May 2024	51.53	53.14	53.36	51.24	1.273 times
28 Tue May 2024	53.76	56.29	56.92	53.46	1.468 times
24 Fri May 2024	55.95	55.96	56.98	55.68	0.766 times
23 Thu May 2024	55.49	55.35	56.10	54.48	0.697 times
22 Wed May 2024	55.00	55.32	55.57	54.40	0.775 times
21 Tue May 2024	55.52	55.51	55.88	54.83	0.673 times
20 Mon May 2024	55.61	55.07	55.69	54.90	0.836 times
17 Fri May 2024	54.83	53.95	54.85	53.21	1.189 times
16 Thu May 2024	53.58	56.49	56.49	53.56	0.803 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 52.4, but if it comes above 52.4, then a intra day buy could be more profitable.
If you take a sell trade below 52.4, then use 52.4 as stoploss and 50.5 as target. However if you take a buy trade in stock , then use 52.4 as stoploss and 53.98 as target.

Share price targets for Tecnoglass Inc (TGLS)

Target Type	Value
Downside Target	41.00
Downside Target	47.43
Downside Target	49.93
Upside Target	54.39
Upside Target	54.40
Upside Target	55.85
Upside Target	56.92
Upside Target	56.98
Upside Target	57.27
Upside Target	57.35
Upside Target	59.76

Intraday share price targets for Tecnoglass Inc (TGLS)

Target Type	Value
Downside Intraday Target	49.63
Downside Intraday Target	47.3
Upside Intraday Target	55.61
Upside Intraday Target	59.26
Upside Intraday Target	53.28

Weekly technical analysis of Tecnoglass Inc (TGLS)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	51.97	56.29	56.92	50.94	1.027 times
24 Fri May 2024	55.95	55.07	56.98	54.40	0.586 times
17 Fri May 2024	54.83	52.88	57.27	52.78	0.585 times
10 Fri May 2024	52.53	54.93	55.85	48.00	1.987 times
03 Fri May 2024	54.48	55.83	57.35	51.85	1.227 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tecnoglass Inc (TGLS)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	51.97	54.74	57.27	48.00	0.899 times
30 Tue Apr 2024	55.55	52.08	59.76	50.00	0.982 times
28 Thu Mar 2024	52.03	42.00	54.39	41.00	1.372 times
29 Thu Feb 2024	46.76	46.46	49.93	41.88	1.072 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tecnoglass Inc (TGLS)

Price action analysis of Tecnoglass Inc ( (TGLS) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tecnoglass Inc ( (TGLS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tecnoglass Inc ( (TGLS) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tecnoglass Inc ( (TGLS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Tecnoglass Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Tecnoglass Inc in short term but the sell signal is initial and weak.

Tecnoglass Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Tecnoglass Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Tecnoglass Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.06 and Tecnoglass Inc (TGLS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tecnoglass Inc (TGLS) stock. Volume based technical analysis of Tecnoglass Inc (TGLS) stock is negative.

Tecnoglass Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.