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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Tecnoglass Inc. Ordinary Shares (NYSE:TGLS)

Crossroads (-60) - TGLS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TGLS?

MarketClub looks at technical strength and momentum to determine if the timing is right for TGLS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_TGLS
Open High Low TGLS Price Change
51.600 52.015 50.600 51.900 +0.230
Entry Signal

MarketClub’s Trade Triangles for TGLS

long term up The long-term trend has been UP since Dec 13th, 2023 at 40.00

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 53.41

short term down The short-term trend has been DOWN since May 1st, 2024 at 55.30

Smart Scan Analysis for TGLS

Based on our trend formula, TGLS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TGLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.600 52.015 50.600 51.900 +0.230
Prev. Close Volume Bid Ask Time
51.670 545333 2024-05-08 15:59:39
52wk High59.758552wk High Date2024-04-11
52wk Low28.210152wk Low Date2023-11-06
Average Volume366,378Shares Outstanding46,997
Assets962,717,000MLiabilities414,697,000M
P/E Ratio13.4208
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