THOMSON REUTERS CORP (TRI) Technical Analysis
NASDAQ:TRI • CA8849038085
Current stock price
TRI Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 part of the Professional Services industry. There are 87 other stocks in this industry, of which 73% are performing better than TRI.
- TRI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TRI is lagging the market.
- In the last month TRI has a been trading in the 85.23 - 113.35 range, which is quite wide. It is currently trading near the lows of this range.
- TRI has an average volume of 3116450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TRI Weekly and Daily overview Charts
TRI Setup Rating and Analysis
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
TRI Support and Resistance Analysis
87.17
We can see 2 important resistance areas.
- A resistance zone ranging from 90.15 to 91.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 99.60 to 102.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TRI Technical Indicator Signal Analysis
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 | 7.77 | NEGATIVE | TRI has a low relative strength, it was outperformed by 92.23% 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) | 37.58 | NEUTRAL | The RSI value for TRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests TRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.25 | NEUTRAL | The Stochastics value for TRI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for TRI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.9 | NEUTRAL | The ADX value for TRI suggests a possible start of a new trend. |
TRI Chart- and CandleStick Pattern Analysis
TRI Technicals: Chart, Performance Metrics, Trend & Indicators
88.05
-1.93 (-2.14%)
THOMSON REUTERS CORP / TRI TA 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.
What is the RSI signal for TRI stock?
THOMSON REUTERS CORP (TRI) has an RSI value of 37.5809. This indicates that the stock is currently neutral.
What is the MACD signal for THOMSON REUTERS CORP (TRI) stock?
The MACD indicator for THOMSON REUTERS CORP (TRI) has a value of -0.409701, indicating a bearish trend.
What is the short term momentum for TRI stock?
The short term momentum for THOMSON REUTERS CORP (TRI) is negative.