TWIN RIDGE CAPITAL ACQUISI-A (TRCA) Technical Analysis
NYSE:TRCA • KYG9151L1041
Current stock price
TRCA Technical Rating and Analysis
Taking everything into account, TRCA scores 0 out of 10 in our technical rating. TRCA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 77% of all other stocks performed better in the past year than TRCA.
- TRCA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRCA is lagging the market.
- In the last month TRCA has a been trading in the 6.30 - 15.40 range, which is quite wide. It is currently trading near the lows of this range.
TRCA Weekly and Daily overview Charts
TRCA Setup Rating and Analysis
TRCA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
TRCA Support and Resistance Analysis
7.79
When analyzing the resistance we notice 2 important areas.
- Resistance @10.17 from a horizontal line in the daily time frame.
- Resistance @10.72 from a horizontal line in the daily time frame.
TRCA 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 TRCA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRCA is down. |
| ChartMill Relative Strength | 23.23 | NEGATIVE | TRCA has a low relative strength, it was outperformed by 76.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRCA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRCA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRCA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.05 | NEUTRAL | The RSI value for TRCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TRCA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.69 | OVERSOLD | The low Stochastics value suggests TRCA may be oversold. |
| Average True Range in percent/ATR (20) | 28.59 | HIGH VOLATILITY | The high ATR as a percentage value for TRCA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.02 | POSITIVE | The high ADX value value for TRCA suggests a strong trend. |
TRCA Chart- and CandleStick Pattern Analysis
TRCA Technicals: Chart, Performance Metrics, Trend & Indicators
7.87
+0.75 (+10.53%)
TWIN RIDGE CAPITAL ACQUISI-A / TRCA TA FAQ
What is the technical rating for TRCA stock?
ChartMill assigns a technical rating of 0 / 10 to TRCA.
What is the trend direction for TRCA stock?
The current trend direction for TWIN RIDGE CAPITAL ACQUISI-A (TRCA) is Bearish.
What is the RSI signal for TRCA stock?
TWIN RIDGE CAPITAL ACQUISI-A (TRCA) has an RSI value of 46.0491. This indicates that the stock is currently neutral.
What is the MACD signal for TWIN RIDGE CAPITAL ACQUISI-A (TRCA) stock?
The MACD indicator for TWIN RIDGE CAPITAL ACQUISI-A (TRCA) has a value of -0.0747239, indicating a bearish trend.
What is the buy/sell signal for TRCA stock?
The buy/sell signal for TWIN RIDGE CAPITAL ACQUISI-A (TRCA) is sell as both the short term and long term trends are negative.