TEJON RANCH CO (TRC)

US8790801091 - Common Stock

16.68  -0.18 (-1.07%)

After market: 16.68 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 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.
TRC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, TRC outperforms 43% of them, which is more or less in line with the market.
TRC is an average performer in the Real Estate Management & Development industry, it outperforms 61% of 66 stocks in the same industry.
TRC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRC is lagging the market slightly.
Weekly and Daily overview Charts
TRC Weekly chart
TRC Daily chart
Setup Rating and Analysis

8

TRC has an excellent technical rating and 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 resistance zone just above the current price starting at 16.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.23, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

14.73

17.77

We found 3 important support areas.

  • A support zone ranging from 15.99 to 16.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 15.12 to 15.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.88 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 16.86 to 17.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 17.37 to 17.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.74
Mansfield-0.95
10 Day High17.24
10 Day Low16.15
20 Day High17.24
20 Day Low14.8
52 Week High18.37
52 Week Low14.8
Performance
1 Week-2.28%
2 Weeks2.46%
1 Month10.32%
3 Month4.71%
6 Month2.14%
12 Month-1.42%
2 Year-1.82%
3 Year11.5%
5 Year3.03%
10 Year-45.22%
15 Year-35.07%
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)59.46
LBB15.03
UBB17.89
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.

ENTRYEXITDISTANCECAPITAL
17.0816.140.94 (5.50%)18.17%
An entry @17.08. This is a Buy Stop order right above the resistance zone.An exit @16.14. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.94 points, which is 5.50%.When investing 18.17% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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 Daily chart

TEJON RANCH CO

NYSE:TRC (5/3/2024, 7:22:36 PM)

After market: 16.68 0 (0%)

16.68

-0.18 (-1.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.07%
1 Week-2.28%
2 Weeks2.46%
1 Month10.32%
3 Month4.71%
6 Month2.14%
12 Month-1.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.42
ATR(20)%2.4%
ATR Inc
Range Today0.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.24
10 Day Low16.15
20 Day High17.24
20 Day Low14.8
52 Week High18.37
52 Week Low14.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume58.60K
Volume Incr-10.11%
Vol(5)61.42K
Vol(50)61.38K