USA - NASDAQ:TRIB - US8964385046 - ADR
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 poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
0.87
When analyzing the resistance we notice one important area.
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 | 0.35 | NEGATIVE | TRIB has a low relative strength, it was outperformed by 99.65% 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) | 34.62 | NEUTRAL | The RSI value for TRIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TRIB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.83 | OVERSOLD | The low Stochastics value suggests TRIB may be oversold. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for TRIB suggests high volalility. |
| Average Directional Index/ADX (14) | 9.46 | NEGATIVE | The low ADX value for TRIB suggests a weak or negative trend. |
0.8789
+0.03 (+3.08%)
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 34.6236. This indicates that the stock is currently neutral.
The short term momentum for TRINITY BIOTECH PLC-SPON ADR (TRIB) is negative.
TRINITY BIOTECH PLC-SPON ADR (TRIB) has a resistance level at 1.01. Check the full technical report for our detailed analysis of TRIB support and resistance levels.