THOMSON REUTERS CORP (TRI) Stock Technical Analysis
NASDAQ:TRI - Nasdaq - CA8849038085 - Common Stock - Currency: USD
Overall TRI gets a technical rating of 1 out of 10. TRI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month TRI has a been trading in the 178.54 - 218.42 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.
TRI is part of the Professional Services industry. There are 82 other stocks in this industry. TRI outperforms 70% of them.
TRI has an average volume of 1488160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, TRI turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
TRI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRI is lagging the market.
The technical rating of TRI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
152.91
205.87
2 important support areas can be observed.
- A support zone ranging from 171.14 to 172.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 154.45 to 158.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 198.73 to 203.83. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for TRI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRI is down. |
| ChartMill Relative Strength | 48.39 | NEUTRAL | TRI is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of TRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.12 | OVERSOLD | The low RSI value suggests TRI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.02 | NEGATIVE | The MACD value suggests TRI has a negative trend. |
| Stochastics (14,3) | 6.35 | OVERSOLD | The low Stochastics value suggests TRI may be oversold. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for TRI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.92 | POSITIVE | The high ADX value value for TRI suggests a strong trend. |
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)
179.96
-1.6 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.88%
1 Week-10.5%
2 Weeks-11.55%
1 Month-9.65%
3 Month-3.96%
6 Month1.88%
12 Month11.46%
2 Year39.73%
3 Year57.68%
5 Year127.16%
10 Year346.89%
15 Year398.51%
Volatility
ATR(14)5.02
ATR(20)%3.11%
ATR Inc-23.32%
Range Today3.61
ADR(20)5.34
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.39
Mansfield-0.63
10 Day High204.46
10 Day Low178.54
20 Day High218.42
20 Day Low178.54
52 Week High218.42
52 Week Low151.6
CS1 End172.81
CR1 Start198.73
Volume & EV
DER(3)-1%
DER(5)-0.4%
Volume1.33M
Volume Incr-27.81%
Vol(5)1.86M
Vol(50)1.49M