Taking everything into account, TRI scores 0 out of 10 in our technical rating. TRI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
TRI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 131.19, a Stop Loss order could be placed below this zone.
More info and screens
127.35
We found 1 important support area.
- A support zone ranging from 128.64 to 131.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 131.49 to 132.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 135.92 to 137.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 143.01 to 146.38. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for TRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRI is down. |
| ChartMill Relative Strength | 16.03 | NEGATIVE | TRI has a low relative strength, it was outperformed by 83.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.43 | NEUTRAL | The RSI value for TRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests TRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.03 | NEUTRAL | The Stochastics value for TRI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TRI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.11 | POSITIVE | The high ADX value value for TRI suggests a strong trend. |
131.47
-0.61 (-0.46%)
THOMSON REUTERS CORP / TRI FAQ
What is the technical rating for TRI stock?
ChartMill assigns a technical rating of 0 / 10 to TRI.
Can you provide the trend direction for THOMSON REUTERS CORP?
The current trend direction for THOMSON REUTERS CORP (TRI) is Bearish.
Can you provide the RSI signal for THOMSON REUTERS CORP?
THOMSON REUTERS CORP (TRI) has an RSI value of 39.4284. This indicates that the stock is currently neutral.
What is the MACD signal for TRI stock?
The MACD indicator for THOMSON REUTERS CORP (TRI) has a value of 0.7695, indicating a bearish trend.
What is the buy/sell signal for THOMSON REUTERS CORP (TRI) stock?
The buy/sell signal for THOMSON REUTERS CORP (TRI) is sell as both the short term and long term trends are negative.