TEJON RANCH CO (TRC) Stock Technical Analysis
NYSE:TRC - New York Stock Exchange, Inc. - US8790801091 - Common Stock - Currency: USD
Overall TRC gets a technical rating of 6 out of 10. TRC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TRC has a been trading in the 15.64 - 16.99 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, TRC turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
TRC is an average performer in the Real Estate Management & Development industry, it outperforms 56% of 65 stocks in the same industry.
TRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRC is lagging the market.
TRC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.58, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.67
17.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.05 to 16.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.12 to 15.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.82 to 14.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 16.84 to 16.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.25 to 17.50. 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 TRC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRC is up. |
| ChartMill Relative Strength | 43.75 | NEUTRAL | TRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TRC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.49 | NEUTRAL | The RSI value for TRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TRC has a positive trend. |
| Stochastics (14,3) | 86.72 | OVERBOUGHT | The high Stochastics value suggests TRC may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for TRC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.68 | NEGATIVE | The low ADX value for TRC 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.96 | 16.05 | 0.91 (5.37%) | 18.64% |
| An entry @16.96. This is a Buy Stop order right above the resistance zone. | An exit @16.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.91 points, which is 5.37%. | For a 1.00% total portfolio risk, you can invest 18.64% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
16.76
-0.04 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-0.24%
1 Week2.57%
2 Weeks2.51%
1 Month2.76%
3 Month4.23%
6 Month6.89%
12 Month-1.76%
2 Year-2.61%
3 Year7.99%
5 Year16.39%
10 Year-34.81%
15 Year-27.38%
Volatility
ATR(14)0.31
ATR(20)%2.06%
ATR Inc-18.92%
Range Today0.28
ADR(20)0.34
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.75
Mansfield-0.45
10 Day High16.99
10 Day Low16.06
20 Day High16.99
20 Day Low15.64
52 Week High19.82
52 Week Low14.71
CS1 End16.58
CR1 Start16.84
Volume & EV
DER(3)-1.11%
DER(5)1.31%
Volume81.40K
Volume Incr-10.22%
Vol(5)95.58K
Vol(50)120.40K