TOOTSIE ROLL INDS (TR) Technical Analysis
NYSE:TR • US8905161076
Current stock price
TR Technical Rating and Analysis
Overall TR gets a technical rating of 10 out of 10. 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!
- When comparing the yearly performance of all stocks, we notice that TR is one of the better performing stocks in the market, outperforming 83% of all stocks.
- TR is part of the Food Products industry. There are 86 other stocks in this industry. TR outperforms 82% of them.
- A new 52 week high is currently being made by TR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month TR has a been trading in the 40.20 - 45.06 range, which is quite wide. It is currently trading near the high of this range.
TR Weekly and Daily overview Charts
TR Setup Rating and Analysis
TR has an excellent technical rating, but the quality of the setup is only medium 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
TR Support and Resistance Analysis
33.71
6 important support areas can be observed.
- A support zone ranging from 41.44 to 41.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.51 to 40.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.93 from a trend line in the weekly time frame.
- Support @36.14 from a trend line in the daily time frame.
- A support zone ranging from 34.93 to 35.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.24 to 44.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
TR Technical Indicator Signal Analysis
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 | 83.23 | POSITIVE | TR has a high relative strength, it outperformed 83.23% 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) | 62.93 | NEUTRAL | The RSI value for TR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests TR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.17 | OVERBOUGHT | The high Stochastics value suggests TR may be overbought. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for TR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.07 | NEUTRAL | The ADX value for TR suggests a possible start of a new trend. |
TR Chart- and CandleStick Pattern Analysis
TR Technicals: Chart, Performance Metrics, Trend & Indicators
44.23
-0.58 (-1.29%)
TOOTSIE ROLL INDS / TR TA FAQ
What is the ChartMill technical rating of TOOTSIE ROLL INDS (TR) stock?
ChartMill assigns a technical rating of 10 / 10 to TR.
What is the trend direction for TR stock?
The current trend direction for TOOTSIE ROLL INDS (TR) is Bullish.
Can you provide the RSI signal for TOOTSIE ROLL INDS?
TOOTSIE ROLL INDS (TR) has an RSI value of 62.9275. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOOTSIE ROLL INDS?
The MACD indicator for TOOTSIE ROLL INDS (TR) has a value of 0.186027, indicating a bearish trend.
Can you provide the buy/sell signal for TOOTSIE ROLL INDS?
The buy/sell signal for TOOTSIE ROLL INDS (TR) is buy as both the short term and long term trends are positive.