NASDAQ:TRCH - Nasdaq -
We assign a technical rating of 10 out of 10 to TRCH. Both in the recent history as in the last year, TRCH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TRCH has an excellent technical rating, it does not offer a high quality setup 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.
1.76
When analyzing the support we can see 3 important areas.
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 TRCH is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRCH is up. |
ChartMill Relative Strength | 99.52 | POSITIVE | TRCH has a high relative strength, it outperformed 99.52% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRCH is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRCH is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRCH is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.56 | NEUTRAL | The RSI value for TRCH is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TRCH has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 25.76 | NEUTRAL | The Stochastics value for TRCH is a neutral value. |
Average True Range in percent/ATR (20) | 22.15 | HIGH VOLATILITY | The high ATR as a percentage value for TRCH suggests high volalility. |
4.95
+0.2 (+4.21%)