TRIMBLE INC (TRMB) Stock Technical Analysis
USA - NASDAQ:TRMB - US8962391004 - Common Stock
We assign a technical rating of 1 out of 10 to TRMB. TRMB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TRMB has a poor technical rating and the quality of the setup is also not perfect 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
61.22
2 important support areas can be observed.
- A support zone ranging from 75.41 to 75.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.84 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 78.53 to 80.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @82.85 from a horizontal line in the daily time frame.
- A resistance zone ranging from 85.24 to 85.24. 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 | NEUTRAL | NEUTRAL | The long term trend for TRMB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRMB is down. |
| ChartMill Relative Strength | 42.58 | NEUTRAL | TRMB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRMB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRMB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRMB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.06 | NEUTRAL | The RSI value for TRMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests TRMB has a negative trend. |
| Stochastics (14,3) | 16.41 | OVERSOLD | The low Stochastics value suggests TRMB may be oversold. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for TRMB suggests a possible start of a new trend. |
75.42
-0.13 (-0.17%)
TRIMBLE INC / TRMB FAQ
Can you provide the ChartMill technical rating for TRIMBLE INC?
ChartMill assigns a technical rating of 1 / 10 to TRMB.
What is the current trend direction of TRIMBLE INC (TRMB) stock?
The current trend direction for TRIMBLE INC (TRMB) is Bearish.
What is the RSI signal for TRMB stock?
TRIMBLE INC (TRMB) has an RSI value of 39.0645. This indicates that the stock is currently neutral.
What is the MACD signal for TRMB stock?
The MACD indicator for TRIMBLE INC (TRMB) has a value of -0.428844, indicating a bearish trend.
What is the support and resistance level for TRMB stock?
TRIMBLE INC (TRMB) has a support level at 75.41 and a resistance level at 78.53. Check the full technical report for our detailed analysis of TRMB support and resistance levels.