TRUBRIDGE INC (TBRG) Stock Technical Analysis
NASDAQ:TBRG - Nasdaq - US2053061030 - Common Stock - Currency: USD
Taking everything into account, TBRG scores 5 out of 10 in our technical rating. In the last year, TBRG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month TBRG has a been trading in the 23.50 - 26.74 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that TBRG is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by TBRG over the past year are nicely spread over this period.
TBRG is part of the Health Care Technology industry. There are 37 other stocks in this industry. TBRG outperforms 94% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
TBRG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TBRG is lagging the market slightly.
Although the technical rating is only medium, TBRG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 23.68, a Stop Loss order could be placed below this zone.
More info and screens
17.22
26.55
2 important support areas can be observed.
- A support zone ranging from 23.68 to 23.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.39 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.81 to 25.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.91 to 26.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for TBRG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TBRG is down. |
| ChartMill Relative Strength | 96.64 | POSITIVE | TBRG has a high relative strength, it outperformed 96.64% 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) | 37.49 | NEUTRAL | The RSI value for TBRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests TBRG has a negative trend. |
| Stochastics (14,3) | 23.27 | NEUTRAL | The Stochastics value for TBRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for TBRG suggests some volalility. |
| Average Directional Index/ADX (14) | 16.38 | 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)
23.69
-0.46 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-1.9%
1 Week-3.31%
2 Weeks-5.24%
1 Month-7.46%
3 Month-16.17%
6 Month43.23%
12 Month135.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.13
ATR(20)%4.38%
ATR Inc-30.15%
Range Today1.06
ADR(20)1.04
ADR(20)%4.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.64
Mansfield2.86
10 Day High26.68
10 Day Low23.61
20 Day High26.74
20 Day Low23.5
52 Week High32
52 Week Low8.99
CS1 End23.68
CR1 Start24.81
Volume & EV
DER(3)-0.36%
DER(5)-0.66%
Volume166.00K
Volume Incr-10.66%
Vol(5)124.41K
Vol(50)158.75K