TEJON RANCH CO (TRC) Stock Technical Analysis
NYSE:TRC • US8790801091
Taking everything into account, TRC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TRC is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- TRC is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry. TRC outperforms 74% of them.
- In the last month TRC has a been trading in the 16.08 - 18.13 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, TRC outperforms 61% of them, which is more or less in line with the market.
- 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 an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.97
4 important support areas can be observed.
- A support zone ranging from 16.42 to 16.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.80 to 15.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 15.53 to 15.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.12 to 15.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @17.90 from a trend line in the daily time frame.
- Resistance @18.41 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.99 to 19.29. 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 | 61.53 | 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) | 66.81 | NEUTRAL | The RSI value for TRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests TRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.7 | NEUTRAL | The Stochastics value for TRC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for TRC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.1 | POSITIVE | The high ADX value value for TRC suggests a strong trend. |
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 |
|---|---|---|---|
| 17.91 | 16.73 | 1.18 (6.59%) | 15.18% |
| An entry @17.91. This is a Buy Stop order right above the resistance zone. | An exit @16.73. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.18 points, which is 6.59%. | For a 1.00% total portfolio risk, you can invest 15.18% 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.
17.69
+0.08 (+0.45%)
TEJON RANCH CO / TRC 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.
What is the RSI signal for TEJON RANCH CO (TRC) stock?
TEJON RANCH CO (TRC) has an RSI value of 66.8061. This indicates that the stock is currently neutral.
What is the buy/sell signal for TRC stock?
The buy/sell signal for TEJON RANCH CO (TRC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for TEJON RANCH CO (TRC) stock?
TEJON RANCH CO (TRC) has a support level at 16.95 and a resistance level at 17.9. Check the full technical report for our detailed analysis of TRC support and resistance levels.