THOMSON REUTERS CORP - TRICN 4.95 PERP (TRI-PR-B.CA) Stock Technical Analysis
TSX:TRI-PR-B - Toronto Stock Exchange - CA8849033037 - Currency: CAD
Taking everything into account, TRI-PR-B scores 4 out of 10 in our technical rating. In the past year, TRI-PR-B was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
TRI-PR-B has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 14.47, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
13.27
2 important support areas can be observed.
- A support zone ranging from 14.14 to 14.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.40 to 13.61. 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 15.15 to 15.31. 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 | NEUTRAL | NEUTRAL | The long term trend for TRI-PR-B.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRI-PR-B.CA is up. |
| ChartMill Relative Strength | 34.58 | NEUTRAL | TRI-PR-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRI-PR-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRI-PR-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRI-PR-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.19 | NEUTRAL | The RSI value for TRI-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TRI-PR-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.09 | OVERBOUGHT | The high Stochastics value suggests TRI-PR-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for TRI-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.72 | NEUTRAL | The ADX value for TRI-PR-B.CA suggests a possible start of a new trend. |
THOMSON REUTERS CORP - TRICN 4.95 PERP
TSX:TRI-PR-B (7/25/2025, 7:00:00 PM)
14.5
-0.11 (-0.75%)