Is Top Glove Corporation Bhd. stock a buy or sell right now?

Top Glove Corporation Bhd. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Top Glove Corporation Bhd.’s RSI?

RSI is 47.65, showing balanced momentum within the normal range.

What does MACD indicate for TGLVY?

MACD at 0.02 remains positive, but the signal line crossover suggests short-term caution.

What are Top Glove Corporation Bhd.’s key support and resistance levels?

Support sits around $0.64, while resistance is near $0.90.

Top Glove Corporation Bhd. (TGLVY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Top Glove Corporation Bhd..

TGLVY●PNK

HealthcareMedical - Instruments & Supplies

$0.76

$0.04(4.54%)

U.S. Market is Open · 15:22

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TGLVY Technical Analysis Summary

Top Glove Corporation Bhd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bearish (RSI: 47.65)

Trend Strength:Moderate (ADX: 20.09)

Volatility:High (ATR: 0.06)

Support/Resistance:$0.64 – $0.90 (Bollinger Bands)

This mix signals that Top Glove Corporation Bhd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.65

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 51.95

Neutral

Mid-range signal with no clear trend.

Williams %R: -84.90

Bullish

Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.48

Strongly Bearish

Sharp downside momentum.

Takeaway:Top Glove Corporation Bhd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.02

Bullish

Bullish, trend momentum is strengthening.

ADX: 20.09

Moderate

Moderate trend, direction gaining strength.

ATR (14): 0.06

Low

Low volatility, stable price action.

CCI (14): -115.34

Bearish

Bearish, oversold conditions may spark rebound.

Takeaway:Top Glove Corporation Bhd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$0.90

Middle Band (SMA 20)

$0.77

Lower Band

$0.64

Current Position

Within Bands

Takeaway:Top Glove Corporation Bhd. trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$0.88

Middle Line (EMA 20)

$0.76

Lower Channel

$0.64

Squeeze Status

No Squeeze

Takeaway:Top Glove Corporation Bhd. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis

On-Balance Volume21.40K

Money Flow Index52.65Neutral, balanced money flows with no clear signal.

Relative Vigor Index35.25Bearish, price momentum favors sellers.

Overall Takeaway:TGLVY shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of Top Glove Corporation Bhd., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Top Glove Corporation Bhd. are mixed, suggesting a Hold or wait-and-see approach.