We assign a technical rating of 7 out of 10 to TBRG. Although TBRG has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although TBRG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.72
When analyzing the support we can see 3 important areas.
- Support @19.79 from a trend line in the weekly time frame.
- Support @19.22 from a horizontal line in the weekly time frame.
- Support @18.91 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.50 to 22.54. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for TBRG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TBRG is up. |
| ChartMill Relative Strength | 84.83 | POSITIVE | TBRG has a high relative strength, it outperformed 84.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TBRG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.88 | OVERBOUGHT | The high RSI value suggests TBRG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests TBRG has a positive trend. |
| Stochastics (14,3) | 96.16 | OVERBOUGHT | The high Stochastics value suggests TBRG may be overbought. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TBRG suggests some volalility. |
| Average Directional Index/ADX (14) | 39.33 | POSITIVE | The high ADX value value for TBRG suggests a strong trend. |
21.96
-0.55 (-2.44%)
TRUBRIDGE INC / TBRG FAQ
What is the ChartMill technical rating of TRUBRIDGE INC (TBRG) stock?
ChartMill assigns a technical rating of 7 / 10 to TBRG.
What is the current trend direction of TRUBRIDGE INC (TBRG) stock?
The current trend direction for TRUBRIDGE INC (TBRG) is Bearish.
Can you provide the RSI signal for TRUBRIDGE INC?
TRUBRIDGE INC (TBRG) has an RSI value of 74.8818. This indicates that the stock is currently overbought.
What is the MACD signal for TBRG stock?
The MACD indicator for TRUBRIDGE INC (TBRG) has a value of 0.302103, indicating a bearish trend.