We assign a technical rating of 0 out of 10 to TRI. 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.
Although the technical rating is bad, TRI does present a nice setup opportunity. Prices have been consolidating lately.
125.09
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 | 15.97 | NEGATIVE | TRI has a low relative strength, it was outperformed by 84.03% 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) | 41.5 | NEUTRAL | The RSI value for TRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TRI has a positive trend. |
| Stochastics (14,3) | 34.63 | NEUTRAL | The Stochastics value for TRI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for TRI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.48 | POSITIVE | The high ADX value value for TRI suggests a strong trend. |
129.23
-0.15 (-0.12%)
ChartMill assigns a technical rating of 0 / 10 to TRI.
The current trend direction for THOMSON REUTERS CORP (TRI) is Bearish.
THOMSON REUTERS CORP (TRI) has an RSI value of 41.4997. This indicates that the stock is currently neutral.
The short term momentum for THOMSON REUTERS CORP (TRI) is negative.
The buy/sell signal for THOMSON REUTERS CORP (TRI) is sell as both the short term and long term trends are negative.