TRINITY BIOTECH PLC-SPON ADR (TRIB) Stock Technical Analysis
NASDAQ:TRIB - Nasdaq - US8964385046 - ADR - Currency: USD
Overall TRIB gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TRIB was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
88% of all other stocks performed better in the past year than TRIB.
TRIB is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 61% of 187 stocks in the same industry do better.
TRIB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
TRIB has an average volume of 1004840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TRIB has a been trading in the 0.54 - 0.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TRIB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.85. Right above this resistance zone may be a good entry point.
More info and screens
0.55
0.86
2 important support areas can be observed.
- A support zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.56 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TRIB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRIB is neutral. |
| ChartMill Relative Strength | 12.86 | NEGATIVE | TRIB has a low relative strength, it was outperformed by 87.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRIB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRIB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRIB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.67 | NEUTRAL | The RSI value for TRIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TRIB has a positive trend. |
| Stochastics (14,3) | 52.63 | NEUTRAL | The Stochastics value for TRIB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.04 | HIGH VOLATILITY | The high ATR as a percentage value for TRIB suggests high volalility. |
| Average Directional Index/ADX (14) | 23.37 | NEUTRAL | The ADX value for TRIB suggests a possible start of a new 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)
0.75
+0.07 (+10.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg10.12%
1 Week10.62%
2 Weeks31.03%
1 Month15.4%
3 Month38.89%
6 Month-19.82%
12 Month-63.24%
2 Year-84.21%
3 Year-88.97%
5 Year-93.98%
10 Year-99.13%
15 Year-97.62%
Volatility
ATR(14)0.09
ATR(20)%10.04%
ATR Inc-18.17%
Range Today0.08
ADR(20)0.07
ADR(20)%9.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.86
Mansfield-4.42
10 Day High0.87
10 Day Low0.54
20 Day High0.87
20 Day Low0.54
52 Week High3.44
52 Week Low0.48
CS1 End0.65
CR1 Start0.85
Volume & EV
DER(3)-0.54%
DER(5)-2.45%
Volume100.00K
Volume Incr-89.86%
Vol(5)239.16K
Vol(50)1.00M