THOMSON REUTERS CORP (TRI.CA) Stock Technical Analysis
TSX:TRI - Toronto Stock Exchange - CA8849038085 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to TRI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TRI is only an average performer.
The long and short term trends are both positive. This is looking good!
TRI is part of the Professional Services industry. There are 6 other stocks in this industry. TRI outperforms 80% of them.
TRI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TRI is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, TRI turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
In the last month TRI has a been trading in a tight range between 261.17 and 273.59.
TRI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for TRI in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
216.06
275.51
5 important support areas can be observed.
- Support @264.85 from a trend line in the daily time frame.
- Support @244.97 from a trend line in the weekly time frame.
- A support zone ranging from 230.23 to 236.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 225.22 to 225.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @218.24 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 272.67 to 272.78. 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 | UP | POSITIVE | The long term trend for TRI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRI.CA is up. |
| ChartMill Relative Strength | 66.22 | NEUTRAL | TRI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TRI.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.69 | NEUTRAL | The RSI value for TRI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.07 | NEGATIVE | The MACD value suggests TRI.CA has a negative trend. |
| Stochastics (14,3) | 43.85 | NEUTRAL | The Stochastics value for TRI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for TRI.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for TRI.CA suggests a weak or negative trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 266.47 | 264.84 | 1.63 (0.61%) | 25.00% |
| An entry @266.47. This is a Buy Stop order right above the 10 day moving average. | An exit @264.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.63 points, which is 0.61%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.15%. |
- The distance between exit and entry is rather small compared to the average daily movement of TRI. Please evaluate whether better entry and exit points can be found.
- 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.
TSX:TRI (6/13/2025, 7:00:00 PM)
264.98
-3.22 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.2%
1 Week-0.77%
2 Weeks-2.82%
1 Month0.09%
3 Month7.12%
6 Month10.68%
12 Month15.38%
2 Year48.15%
3 Year90.36%
5 Year176.93%
10 Year387.63%
15 Year508.7%
Volatility
ATR(14)3.77
ATR(20)%1.47%
ATR Inc-15.94%
Range Today3.62
ADR(20)3.73
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.22
Mansfield0.64
10 Day High272.86
10 Day Low261.17
20 Day High273.59
20 Day Low261.17
52 Week High273.59
52 Week Low214.51
CS1 End264.85
CR1 Start272.67
Volume & EV
DER(3)3.61%
DER(5)2.98%
Volume543.59K
Volume Incr14.14%
Vol(5)357.53K
Vol(50)358.37K