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.
Although the technical rating is bad, TRIB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.04. Right above this resistance zone may be a good entry point.
More info and screens
0.98
When analyzing the support we notice one important area.
- A support zone ranging from 0.99 to 0.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.04 to 1.05. 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 | 5.15 | NEGATIVE | TRIB has a low relative strength, it was outperformed by 94.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRIB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRIB is above 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) | 51.96 | NEUTRAL | The RSI value for TRIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TRIB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.13 | OVERBOUGHT | The high Stochastics value suggests TRIB may be overbought. |
| Average True Range in percent/ATR (20) | 7.82 | HIGH VOLATILITY | The high ATR as a percentage value for TRIB suggests high volalility. |
| Average Directional Index/ADX (14) | 13.55 | NEGATIVE | The low ADX value for TRIB suggests a weak or negative trend. |
1
-0.01 (-0.99%)
TRINITY BIOTECH PLC-SPON ADR / TRIB FAQ
What is the ChartMill technical rating of TRINITY BIOTECH PLC-SPON ADR (TRIB) stock?
ChartMill assigns a technical rating of 0 / 10 to TRIB.
What is the trend direction for TRIB stock?
The current trend direction for TRINITY BIOTECH PLC-SPON ADR (TRIB) is Bearish.
What is the RSI signal for TRIB stock?
TRINITY BIOTECH PLC-SPON ADR (TRIB) has an RSI value of 51.9605. This indicates that the stock is currently neutral.
What is the short term momentum for TRIB stock?
The short term momentum for TRINITY BIOTECH PLC-SPON ADR (TRIB) is neutral.
Can you provide the support and resistance levels for TRINITY BIOTECH PLC-SPON ADR?
TRINITY BIOTECH PLC-SPON ADR (TRIB) has a support level at 0.99 and a resistance level at 1.04. Check the full technical report for our detailed analysis of TRIB support and resistance levels.