TYG Price Prediction, Tortoise Energy Infrastructure Corp AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
TYG sees MACD Histogram crosses below signal line
TYG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 27, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 45 instances where the indicator turned negative. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where TYG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TYG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TYG entered a downward trend on September 18, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 14, 2023. You may want to consider a long position or call options on TYG as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
TYG moved above its 50-day moving average on September 12, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TYG advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .
TYG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Industry description
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a closed-end investment fund/investment trust
Category Unknown
TYG and
Correlation & Price change
A.I.dvisor indicates that over the last year, TYG has been closely correlated with EMLP. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if TYG jumps, then EMLP could also see price increases.
| Ticker / NAME | Correlation To TYG | 1D Price Change % | ||
|---|---|---|---|---|
| TYG | 100% | -2.50% | ||
| EMLP - TYG | 90% Closely correlated | -0.64% | ||
| MLPX - TYG | 89% Closely correlated | +0.37% | ||
| KYN - TYG | 84% Closely correlated | -0.57% | ||
| AMLP - TYG | 80% Closely correlated | +0.26% | ||
| MLPA - TYG | 80% Closely correlated | N/A | ||
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