Overall TRI gets a technical rating of 0 out of 10. TRI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TRI is a bad performer in the overall market: 93% of all stocks are doing better.
- TRI is one of the lesser performing stocks in the Professional Services industry. 70% of 89 stocks in the same industry do better.
- TRI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TRI has a been trading in the 85.02 - 129.89 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TRI has an average volume of 1455280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of TRI is bad and it also does not present a 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.
More info and screens
87.19
We can see 2 important resistance areas.
- A resistance zone ranging from 125.11 to 125.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @135.43 from a horizontal line in the daily time frame.
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 | 7.44 | NEGATIVE | TRI has a low relative strength, it was outperformed by 92.56% 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) | 13.04 | OVERSOLD | The low RSI value suggests TRI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.27 | NEGATIVE | The MACD value suggests TRI has a negative trend. |
| Stochastics (14,3) | 11.04 | OVERSOLD | The low Stochastics value suggests TRI may be oversold. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for TRI suggests high volalility. |
| Average Directional Index/ADX (14) | 52.19 | POSITIVE | The high ADX value value for TRI suggests a strong trend. |
88.07
-0.24 (-0.27%)
THOMSON REUTERS CORP / TRI FAQ
What is the technical rating for TRI stock?
ChartMill assigns a technical rating of 0 / 10 to TRI.
What is the trend direction for TRI stock?
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 13.0428. This indicates that the stock is currently oversold.
Can you provide the short term momentum for THOMSON REUTERS CORP?
The short term momentum for THOMSON REUTERS CORP (TRI) is negative.
Can you provide the buy/sell signal for THOMSON REUTERS CORP?
The buy/sell signal for THOMSON REUTERS CORP (TRI) is sell as both the short term and long term trends are negative.