Trecora Resources (TREC) Stock Technical Analysis
NYSE:TREC - New York Stock Exchange, Inc. - US8946481046 - Common Stock
Taking everything into account, TREC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TREC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
TREC is one of the better performing stocks in the Chemicals industry, it outperforms 98% of 85 stocks in the same industry.
A new 52 week high is currently being made by TREC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so TREC is leading the market.
When comparing the yearly performance of all stocks, we notice that TREC is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month TREC has a been trading in a tight range between 9.60 and 9.82.
Considerably lower volume is observed in the last couple of days.
Although TREC has an excellent technical rating, the quality of the presented setup is not ideal 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
7.45
9.92
5 important support areas can be observed.
- A support zone ranging from 9.66 to 9.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.50 from a trend line in the weekly time frame.
- Support @8.26 from a horizontal line in the daily time frame.
- Support @8.03 from a trend line in the weekly time frame.
- A support zone ranging from 7.53 to 7.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.82 to 9.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.15
Mansfield2.9
10 Day High9.82
10 Day Low9.6
20 Day High9.82
20 Day Low9.6
52 Week High9.82
52 Week Low7.46
Performance
1 Week0.72%
2 Weeks1.03%
1 Month0.72%
3 Month15.28%
6 Month20.96%
12 Month16.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.02
RSI(14)62.72
LBB9.64
UBB9.84
NYSE:TREC (6/24/2022, 8:11:00 PM)
9.81
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0%
1 Week0.72%
2 Weeks1.03%
1 Month0.72%
3 Month15.28%
6 Month20.96%
12 Month16.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.55%
ATR Inc-32.41%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.15
Mansfield2.9
10 Day High9.82
10 Day Low9.6
20 Day High9.82
20 Day Low9.6
52 Week High9.82
52 Week Low7.46
CS1 End9.75
CR1 Start9.82
Volume & EV
DER(3)-6.03%
DER(5)-3.42%
Volume42.40K
Volume Incr-76.12%
Vol(5)117.38K
Vol(50)328.40K