TEJON RANCH CO (TRC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TRC - US8790801091 - Common Stock
Overall TRC gets a technical rating of 1 out of 10. TRC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TRC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.19, a Stop Loss order could be placed below this zone.
More info and screens
14.97
We found 2 important support areas.
- A support zone ranging from 15.80 to 16.19. 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 15.12 to 15.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.26 to 16.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.29 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 | DOWN | NEGATIVE | The long term trend for TRC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRC is neutral. |
| ChartMill Relative Strength | 36.69 | 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) | DOWN | MIXED | The current price of TRC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TRC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.86 | NEUTRAL | The RSI value for TRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TRC has a positive trend. |
| Stochastics (14,3) | 51.57 | NEUTRAL | The Stochastics value for TRC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for TRC suggests some volalility. |
| Average Directional Index/ADX (14) | 12.11 | NEGATIVE | The low ADX value for TRC suggests a weak or negative trend. |
16.25
+0.11 (+0.68%)
TEJON RANCH CO / TRC FAQ
Can you provide the ChartMill technical rating for TEJON RANCH CO?
ChartMill assigns a technical rating of 1 / 10 to TRC.
What is the current trend direction of TEJON RANCH CO (TRC) stock?
The current trend direction for TEJON RANCH CO (TRC) is Bearish.
What is the RSI signal for TEJON RANCH CO (TRC) stock?
TEJON RANCH CO (TRC) has an RSI value of 54.8581. This indicates that the stock is currently neutral.
What is the short term momentum for TRC stock?
The short term momentum for TEJON RANCH CO (TRC) is neutral.
What are the support and resistance levels for TEJON RANCH CO (TRC) stock?
TEJON RANCH CO (TRC) has a support level at 16.19 and a resistance level at 16.26. Check the full technical report for our detailed analysis of TRC support and resistance levels.