THOMSON REUTERS CORP (TRI) Stock Technical Analysis
NASDAQ:TRI - Nasdaq - CA8849038085 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TRI. 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!
Looking at the yearly performance, TRI did better than 83% of all other stocks.
TRI is one of the better performing stocks in the Professional Services industry, it outperforms 75% of 82 stocks in the same industry.
TRI is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TRI is leading the market.
In the last month TRI has a been trading in the 178.73 - 191.42 range, which is quite wide. It is currently trading near the high of this range.
Although TRI has an excellent technical rating, it does not offer a high 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
155.86
193.15
When analyzing the support we can see 4 important areas.
- A support zone ranging from 184.25 to 187.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 171.18 to 171.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 164.70 to 165.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @157.43 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 191.24 to 191.24. 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
CRS83.9
Mansfield0.8
10 Day High191.42
10 Day Low181.78
20 Day High191.42
20 Day Low178.73
52 Week High191.42
52 Week Low150.01
Performance
1 Week2.05%
2 Weeks3.64%
1 Month5.1%
3 Month10.1%
6 Month18.25%
12 Month11.82%
2 Year44.95%
3 Year86.13%
5 Year173.67%
10 Year361.33%
15 Year422.08%
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)0.07
RSI(14)67.73
LBB182.37
UBB190.52
191.23
+1.58 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.83%
1 Week2.05%
2 Weeks3.64%
1 Month5.1%
3 Month10.1%
6 Month18.25%
12 Month11.82%
2 Year44.95%
3 Year86.13%
5 Year173.67%
10 Year361.33%
15 Year422.08%
Volatility
ATR(14)3.26
ATR(20)%1.68%
ATR Inc22.2%
Range Today2.29
ADR(20)3.17
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.9
Mansfield0.8
10 Day High191.42
10 Day Low181.78
20 Day High191.42
20 Day Low178.73
52 Week High191.42
52 Week Low150.01
CS1 End187.11
CR1 Start191.24
Volume & EV
DER(3)1.39%
DER(5)0.74%
Volume538.60K
Volume Incr-23.86%
Vol(5)588.18K
Vol(50)617.23K