TRUBRIDGE INC (TBRG) Stock Technical Analysis
USA - NASDAQ:TBRG - US2053061030 - Common Stock
21.79 USD
+0.38 (+1.77%)
21.79 USD
0 (0%)
Overall TBRG gets a technical rating of 7 out of 10. 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that TBRG is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, TBRG also shows a nice and consistent pattern of rising prices.
TBRG is one of the better performing stocks in the Health Care Technology industry, it outperforms 88% of 35 stocks in the same industry.
In the last month TBRG has a been trading in the 19.32 - 22.05 range, which is quite wide. It is currently trading near the high of this range.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TBRG has an excellent technical rating, it does not present a decent entry opportunity 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
23.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.30 to 20.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.88 from a trend line in the weekly time frame.
- A support zone ranging from 18.91 to 19.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.80 to 21.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.69 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 | UP | POSITIVE | The short term trend for TBRG is up. |
| ChartMill Relative Strength | 86.53 | POSITIVE | TBRG has a high relative strength, it outperformed 86.53% 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) | DOWN | MIXED | The current price of TBRG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TBRG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.17 | NEUTRAL | The RSI value for TBRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests TBRG has a positive trend. |
| Stochastics (14,3) | 83.14 | OVERBOUGHT | The high Stochastics value suggests TBRG may be overbought. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for TBRG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.11 | 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)
21.79
+0.38 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.77%
1 Week8.46%
2 Weeks9.03%
1 Month10.55%
3 Month-2.72%
6 Month-21.45%
12 Month73.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%2.79%
ATR Inc47.98%
Range Today0.79
ADR(20)0.6
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.53
Mansfield-0.93
10 Day High22.06
10 Day Low19.71
20 Day High22.06
20 Day Low19.32
52 Week High32
52 Week Low11.39
CS1 End20.76
CR1 Start21.8
Volume & EV
DER(3)1.97%
DER(5)2.76%
Volume310.10K
Volume Incr44.43%
Vol(5)121.62K
Vol(50)125.62K