USA - NASDAQ:TRI - CA8849038085 - Common Stock
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 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.
134.22
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | 14.8 | NEGATIVE | TRI has a low relative strength, it was outperformed by 85.2% 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) | 23.75 | OVERSOLD | The low RSI value suggests TRI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.18 | NEGATIVE | The MACD value suggests TRI has a negative trend. |
| Stochastics (14,3) | 3.63 | OVERSOLD | The low Stochastics value suggests TRI may be oversold. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for TRI suggests some volalility. |
| Average Directional Index/ADX (14) | 36.47 | POSITIVE | The high ADX value value for TRI suggests a strong trend. |
137.25
+1.66 (+1.22%)
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 23.7549. This indicates that the stock is currently oversold.
The MACD indicator for THOMSON REUTERS CORP (TRI) has a value of -2.17961, indicating a bearish trend.
The buy/sell signal for THOMSON REUTERS CORP (TRI) is sell as both the short term and long term trends are negative.