TRUBRIDGE INC (TBRG) Stock Technical Analysis
NASDAQ:TBRG - Nasdaq - US2053061030 - Common Stock - Currency: USD
Overall TBRG gets a technical rating of 3 out of 10. Although TBRG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month TBRG has a been trading in the 21.32 - 24.05 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, TBRG did better than 91% of all other stocks.
TBRG is part of the Health Care Technology industry. There are 36 other stocks in this industry. TBRG outperforms 85% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TBRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TBRG is lagging the market.
TBRG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.92, a Stop Loss order could be placed below this zone.
More info and screens
18.54
24.99
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.92 to 21.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.73 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.79 to 23.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.74 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 | NEUTRAL | NEUTRAL | The long term trend for TBRG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TBRG is down. |
| ChartMill Relative Strength | 91 | POSITIVE | TBRG has a high relative strength, it outperformed 91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBRG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TBRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.86 | NEUTRAL | The RSI value for TBRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TBRG has a negative trend. |
| Stochastics (14,3) | 31.69 | NEUTRAL | The Stochastics value for TBRG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for TBRG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for TBRG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
21.93
-0.13 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.59%
1 Week-3.14%
2 Weeks-5.47%
1 Month-7.74%
3 Month-9.79%
6 Month-4.36%
12 Month101.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%3.9%
ATR Inc24.94%
Range Today0.78
ADR(20)0.85
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91
Mansfield0.18
10 Day High24.05
10 Day Low21.32
20 Day High24.05
20 Day Low21.32
52 Week High32
52 Week Low9.75
CS1 End21.92
CR1 Start22.79
Volume & EV
DER(3)1.04%
DER(5)2.6%
Volume139.00K
Volume Incr-41.07%
Vol(5)127.72K
Vol(50)178.27K