THOMSON REUTERS CORP (TRI)
CA8849038085 - Common Stock
Taking everything into account, TRI scores 10 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, TRI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TRI is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, TRI also shows a nice and consistent pattern of rising prices.
TRI is part of the Professional Services industry. There are 82 other stocks in this industry. TRI outperforms 77% of them.
TRI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TRI has a been trading in the 149.80 - 171.76 range, which is quite wide. It is currently trading near the high of this range.
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. Another positive sign is the recent Pocket Pivot signal.
- 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
116.38
172.74
4 important support areas can be observed.
- A support zone ranging from 155.39 to 158.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 148.62 to 151.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @126.05 from a trend line in the weekly time frame.
- Support @117.56 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 171.03 to 171.03. 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
CRS78.85
Mansfield0.72
10 Day High171.76
10 Day Low164.34
20 Day High171.76
20 Day Low149.8
52 Week High171.76
52 Week Low117.46
Performance
1 Week1.93%
2 Weeks3.81%
1 Month13.85%
3 Month6.69%
6 Month24.51%
12 Month30.95%
2 Year66.46%
3 Year68.28%
5 Year158.85%
10 Year375.25%
15 Year437.72%
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)0.93
RSI(14)77.89
LBB153.14
UBB177.43
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 |
|---|---|---|---|
| 171.04 | 164.33 | 6.71 (3.92%) | 25.00% |
| An entry @171.04. This is a Buy Stop order right above the resistance zone. | An exit @164.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.71 points, which is 3.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- 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.
THOMSON REUTERS CORP
NYSE:TRI (5/17/2024, 7:04:00 PM)
After market: 171.02 0 (0%)171.02
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0%
1 Week1.93%
2 Weeks3.81%
1 Month13.85%
3 Month6.69%
6 Month24.51%
12 Month30.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.54
ATR(20)%1.95%
ATR Inc
Range Today0.96
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High171.76
10 Day Low164.34
20 Day High171.76
20 Day Low149.8
52 Week High171.76
52 Week Low117.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume277.30K
Volume Incr-30.36%
Vol(5)280.14K
Vol(50)342.28K