TRC Technical Analysis - TEJON RANCH CO

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to TRC. TRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

81% of all other stocks performed better in the past year than TRC.

TRC is one of the lesser performing stocks in the Real Estate Management & Development industry. 61% of 63 stocks in the same industry do better.

TRC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month TRC has a been trading in the 15.46 - 16.76 range, which is quite wide. It is currently trading near the lows of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

TRC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 15.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TRC in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

14.97

19.48

When analyzing the support we notice one important area.

A support zone ranging from 15.12 to 15.22. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

A resistance zone ranging from 15.82 to 16.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @19.29 from a horizontal line in the weekly time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for TRC is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TRC is down.
ChartMill Relative Strength	19.82	NEGATIVE	TRC has a low relative strength, it was outperformed by 80.18% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of TRC is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of TRC is below 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)	35.26	NEUTRAL	The RSI value for TRC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests TRC has a negative trend.
Stochastics (14,3)	18.56	OVERSOLD	The low Stochastics value suggests TRC may be oversold.
Average True Range in percent/ATR (20)	2.18	MEDIUM VOLATILITY	The ATR as a percentage value for TRC suggests some volalility.
Average Directional Index/ADX (14)	31.14	POSITIVE	The high ADX value value for TRC suggests a strong trend.