TEJON RANCH CO (TRC) Technical Analysis
NYSE:TRC • US8790801091
Current stock price
TRC Technical Rating and Analysis
Overall TRC gets a technical rating of 8 out of 10. Although TRC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- TRC is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 75% of 62 stocks in the same industry.
- TRC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRC is lagging the market slightly.
- In the last month TRC has a been trading in the 18.70 - 19.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- 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 68% of all stocks.
TRC Weekly and Daily overview Charts
TRC Setup Rating and Analysis
Besides having an excellent technical rating, TRC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.33, a Stop Loss order could be placed below this zone.
More info and screens
TRC Support and Resistance Analysis
15.08
4 important support areas can be observed.
- A support zone ranging from 19.26 to 19.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @15.97 from a horizontal line in the daily time frame.
- Support @15.53 from a horizontal line in the daily time frame.
- Support @15.23 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.83 to 19.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
TRC 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 TRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRC is up. |
| ChartMill Relative Strength | 68.68 | 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) | UP | POSITIVE | The current price of TRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.31 | NEUTRAL | The RSI value for TRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TRC has a negative trend. |
| Stochastics (14,3) | 48.06 | NEUTRAL | The Stochastics value for TRC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for TRC suggests low volalility. |
| Average Directional Index/ADX (14) | 45.05 | POSITIVE | The high ADX value value for TRC suggests a strong trend. |
TRC Chart- and CandleStick Pattern Analysis
TRC Example Setup
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 |
|---|---|---|---|
| 19.47 | 19.25 | 0.22 (1.11%) | 25.00% |
| An entry @19.47. This is a Buy Stop order right above the 10 day moving average. | An exit @19.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.22 points, which is 1.11%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- The distance between exit and entry is rather small compared to the average daily movement of TRC. Please evaluate whether better entry and exit points can be found.
- 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.
TRC Technicals: Chart, Performance Metrics, Trend & Indicators
19.34
+0.08 (+0.42%)
TEJON RANCH CO / TRC TA FAQ
Can you provide the ChartMill technical rating for TEJON RANCH CO?
ChartMill assigns a technical rating of 8 / 10 to TRC.
Can you provide the trend direction for TEJON RANCH CO?
The current trend direction for TEJON RANCH CO (TRC) is Bullish.
Can you provide the RSI signal for TEJON RANCH CO?
TEJON RANCH CO (TRC) has an RSI value of 56.3095. This indicates that the stock is currently neutral.
What is the MACD signal for TRC stock?
The MACD indicator for TEJON RANCH CO (TRC) has a value of -0.0638388, indicating a bearish trend.
What is the short term momentum for TRC stock?
The short term momentum for TEJON RANCH CO (TRC) is positive.