Taking everything into account, TRIB scores 0 out of 10 in our technical rating. TRIB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 very little resistance above the current price.
0.71
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 | DOWN | NEGATIVE | The short term trend for TRIB is down. |
| ChartMill Relative Strength | 4.02 | NEGATIVE | TRIB has a low relative strength, it was outperformed by 95.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRIB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRIB is below a declining 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) | 37.36 | NEUTRAL | The RSI value for TRIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TRIB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.17 | OVERSOLD | The low Stochastics value suggests TRIB may be oversold. |
| Average True Range in percent/ATR (20) | 19.12 | HIGH VOLATILITY | The high ATR as a percentage value for TRIB suggests high volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for TRIB suggests a weak or negative trend. |
0.7128
-0.02 (-2.86%)
ChartMill assigns a technical rating of 0 / 10 to TRIB.
The current trend direction for TRINITY BIOTECH PLC-SPON ADR (TRIB) is Bearish.
TRINITY BIOTECH PLC-SPON ADR (TRIB) has an RSI value of 37.3599. This indicates that the stock is currently neutral.
The buy/sell signal for TRINITY BIOTECH PLC-SPON ADR (TRIB) is sell as both the short term and long term trends are negative.