TAP (TAP) — Uptrend in force
TAP (TAP) is trading at $42.42, +0.86 (+2.07%) on the session. Over the last 125 sessions the trend is up with a -16.6% move. Price is -22.0% from its 6-month high and +10.4% from its 6-month low. Annualised volatility (30-day) is ~33%.
Probability scenarios
Bullish bias — 5 bullish, 1 bearish, 2 neutral of 8 signals.
Trend Strong uptrend in force
TAP (TAP) is trading at $42.42. Over the last 125 sessions the trend is **up** with a -16.6% move.
Price is -22.0% from the 6-month high and +10.4% from the low. Annualised volatility (30-day) is ~33%.
Price is above the 15-day MA ($41.66, +1.8%) and above the 50-day SMA ($40.36).
Bollinger Bands Inside the bands — range-bound
Bollinger Bands (20, 2): price is at $42.42, upper $43.36, middle $41.30, lower $39.24. Price is inside the bands — range-bound.
Bandwidth is 10.0% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Healthy pullback
RSI(14) is 57.1. Above 50 — bullish momentum intact, no exhaustion.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bullish — fast line above signal
MACD (12, 26, 9): line $0.56, signal $0.46, histogram +0.109.
The fast line is above the signal line and the histogram is positive — a bullish configuration. Momentum is expanding.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 1.09) over the recent 19 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money on hold
The A/D line slope is flat and the line is well off highs — institutions are neither aggressively accumulating nor distributing.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Below anchored VWAP — period buyers underwater
Price ($42.42) is -1.4% below the anchored VWAP ($43.04). Period buyers are underwater — overhead supply tends to cap rallies.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 2 resistance / 3 support levels
Current price $42.42. Resistance above: $42.90, $43.36. Support below: $42.13, $41.30, $40.74.
Watch $42.90 as the first upside level to clear, and $42.13 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$42.90
Resistance
$43.36
Support
$42.13
Support
$41.30
Support
$40.74
Signal breakdown
- Trend (6mo) Bullish Linear-regression slope is up (-16.6% over the period).
- Price vs 50-day SMA Bullish Price is above the 50-day SMA ($40.36).
- RSI (14) Bullish RSI 57 — holding above 50, momentum intact.
- MACD (12,26,9) Bullish Histogram positive (+0.109) — fast line above signal.
- Bollinger %B Bullish Price in the upper half of the bands (%B 0.77).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Neutral A/D line slope is flat.
- AVWAP Bearish Price below anchored VWAP ($43.04).
Generated from 125 daily closes in the scraped 6-month OHLCV series (quote data 2026-08-07T14:02:52.155519342Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.