TRINITY BIOTECH PLC-SPON ADR (TRIB) Stock Technical Analysis
NASDAQ:TRIB • US8964385046
Overall TRIB gets a technical rating of 0 out of 10. TRIB'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 96% of all other stocks performed better in the past year than TRIB.
- TRIB is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, of which 81% are performing better than TRIB.
- TRIB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month TRIB has a been trading in the 0.61 - 0.96 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.
- TRIB has an average volume of 3947420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of TRIB 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.
More info and screens
0.69
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.82 from a trend line 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 | 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 | 4.13 | NEGATIVE | TRIB has a low relative strength, it was outperformed by 95.87% 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) | 39.14 | NEUTRAL | The RSI value for TRIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TRIB has a negative trend. |
| Stochastics (14,3) | 15.66 | OVERSOLD | The low Stochastics value suggests TRIB may be oversold. |
| Average True Range in percent/ATR (20) | 9.96 | HIGH VOLATILITY | The high ATR as a percentage value for TRIB suggests high volalility. |
| Average Directional Index/ADX (14) | 16.25 | NEGATIVE | The low ADX value for TRIB suggests a weak or negative trend. |
0.701
-0.01 (-1.56%)
TRINITY BIOTECH PLC-SPON ADR / TRIB FAQ
What is the technical rating for TRIB stock?
ChartMill assigns a technical rating of 0 / 10 to TRIB.
Can you provide the trend direction for TRINITY BIOTECH PLC-SPON ADR?
The current trend direction for TRINITY BIOTECH PLC-SPON ADR (TRIB) is Bearish.
Can you provide the RSI signal for TRINITY BIOTECH PLC-SPON ADR?
TRINITY BIOTECH PLC-SPON ADR (TRIB) has an RSI value of 39.1413. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TRINITY BIOTECH PLC-SPON ADR?
The buy/sell signal for TRINITY BIOTECH PLC-SPON ADR (TRIB) is sell as both the short term and long term trends are negative.
What is the support and resistance level for TRIB stock?
TRINITY BIOTECH PLC-SPON ADR (TRIB) has a resistance level at 0.77. Check the full technical report for our detailed analysis of TRIB support and resistance levels.