TOOTSIE ROLL INDS (TR) Stock Technical Analysis
NYSE:TR - New York Stock Exchange, Inc. - US8905161076 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TR. Both in the recent history as in the last year, TR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TR did better than 89% of all other stocks.
TR is part of the Food Products industry. There are 90 other stocks in this industry. TR outperforms 87% of them.
TR is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TR is leading the market.
In the last month TR has a been trading in the 31.59 - 36.25 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Although TR 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
27.87
36.01
6 important support areas can be observed.
- A support zone ranging from 33.30 to 33.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 32.09 to 32.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.41 to 31.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.16 to 30.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.47 to 29.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.15 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for TR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TR is up. |
| ChartMill Relative Strength | 89.25 | POSITIVE | TR has a high relative strength, it outperformed 89.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.25 | NEUTRAL | The RSI value for TR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests TR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.59 | OVERBOUGHT | The high Stochastics value suggests TR may be overbought. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for TR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.97 | POSITIVE | The high ADX value value for TR suggests a strong 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)
35.65
-0.38 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.05%
1 Week6.01%
2 Weeks9.76%
1 Month9.29%
3 Month18.49%
6 Month10.94%
12 Month25.49%
2 Year-3.2%
3 Year17.8%
5 Year12.65%
10 Year34.44%
15 Year65.05%
Volatility
ATR(14)0.79
ATR(20)%2.38%
ATR Inc-6.4%
Range Today0.84
ADR(20)0.83
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.25
Mansfield1.31
10 Day High36.25
10 Day Low32.35
20 Day High36.25
20 Day Low31.59
52 Week High36.25
52 Week Low26.78
CS1 End33.71
CR1 StartN/A
Volume & EV
DER(3)1.96%
DER(5)1.19%
Volume160.90K
Volume Incr25.63%
Vol(5)174.60K
Vol(50)122.77K