TEJON RANCH CO (TRC) Stock Technical Analysis
NYSE:TRC - New York Stock Exchange, Inc. - US8790801091 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TRC. 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.
In the last month TRC has a been trading in the 15.64 - 17.53 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 46% of all stocks.
TRC is part of the Real Estate Management & Development industry. There are 65 other stocks in this industry, TRC did better than 54% of them.
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.
Although TRC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.67
19.78
We found 3 important support areas.
- A support zone ranging from 16.14 to 16.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.16 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.
We can see 2 important resistance areas.
- Resistance @17.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.29 to 19.58. 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 | 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 | 46.72 | 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) | 65.3 | NEUTRAL | The RSI value for TRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TRC has a positive trend. |
| Stochastics (14,3) | 87.67 | OVERBOUGHT | The high Stochastics value suggests TRC may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for TRC suggests low volalility. |
| Average Directional Index/ADX (14) | 13.91 | 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)
17.38
+0.42 (+2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg2.48%
1 Week3.7%
2 Weeks6.36%
1 Month10%
3 Month10.98%
6 Month6.63%
12 Month3.08%
2 Year-1.31%
3 Year5.21%
5 Year21.12%
10 Year-29.98%
15 Year-24.57%
Volatility
ATR(14)0.32
ATR(20)%1.93%
ATR Inc71.15%
Range Today0.63
ADR(20)0.32
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.72
Mansfield-0.26
10 Day High17.53
10 Day Low16.26
20 Day High17.53
20 Day Low15.64
52 Week High19.82
52 Week Low14.71
CS1 End17.01
CR1 Start17.5
Volume & EV
DER(3)0.46%
DER(5)-0.48%
Volume111.70K
Volume Incr28.45%
Vol(5)130.66K
Vol(50)120.13K