TRUEBLUE INC (TBI) Stock Technical Analysis
USA - NYSE:TBI - US89785X1019 - Common Stock
Taking everything into account, TBI scores 0 out of 10 in our technical rating. TBI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TBI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.74, a Stop Loss order could be placed below this zone.
More info and screens
4.62
We found 1 important support area.
- A support zone ranging from 4.67 to 4.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 5.24 to 5.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.52 to 5.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.97 from a trend line in the weekly time frame.
- Resistance @6.61 from a trend line in the weekly time frame.
- Resistance @7.51 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TBI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TBI is down. |
| ChartMill Relative Strength | 13.8 | NEGATIVE | TBI has a low relative strength, it was outperformed by 86.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.69 | NEUTRAL | The RSI value for TBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TBI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.7 | NEUTRAL | The Stochastics value for TBI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for TBI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.35 | NEGATIVE | The low ADX value for TBI suggests a weak or negative trend. |
4.91
-0.02 (-0.41%)
TRUEBLUE INC / TBI FAQ
Can you provide the ChartMill technical rating for TRUEBLUE INC?
ChartMill assigns a technical rating of 0 / 10 to TBI.
What is the trend direction for TBI stock?
The current trend direction for TRUEBLUE INC (TBI) is Bearish.
What is the RSI signal for TBI stock?
TRUEBLUE INC (TBI) has an RSI value of 41.6871. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TRUEBLUE INC?
The MACD indicator for TRUEBLUE INC (TBI) has a value of 0.00511866, indicating a bearish trend.
What is the short term momentum for TBI stock?
The short term momentum for TRUEBLUE INC (TBI) is negative.