TRIMBLE INC (TRMB) Stock Technical Analysis
NASDAQ:TRMB - Nasdaq - US8962391004 - Common Stock - Currency: USD
Taking everything into account, TRMB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TRMB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TRMB is one of the better performing stocks in the market, outperforming 89% of all stocks.
TRMB is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 70% of 125 stocks in the same industry.
A new 52 week high is currently being made by TRMB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month TRMB has a been trading in the 71.11 - 82.14 range, which is quite wide. It is currently trading near the high of this range.
TRMB has an average volume of 1403830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although TRMB has an excellent technical rating, it does not present a decent entry opportunity 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
49.51
82.84
We found 3 important support areas.
- A support zone ranging from 70.55 to 71.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.52 from a trend line in the weekly time frame.
- Support @50.01 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for TRMB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRMB is up. |
| ChartMill Relative Strength | 89.95 | POSITIVE | TRMB has a high relative strength, it outperformed 89.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRMB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRMB is above the rising 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) | 76.82 | OVERBOUGHT | The high RSI value suggests TRMB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests TRMB has a positive trend. |
| Stochastics (14,3) | 86.34 | OVERBOUGHT | The high Stochastics value suggests TRMB may be overbought. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for TRMB suggests low volalility. |
| Average Directional Index/ADX (14) | 39.72 | POSITIVE | The high ADX value value for TRMB suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
82.02
+1.35 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.67%
1 Week1.47%
2 Weeks5.34%
1 Month14.3%
3 Month40.86%
6 Month9.48%
12 Month46.52%
2 Year52.45%
3 Year18.13%
5 Year84.27%
10 Year255.07%
15 Year478.22%
Volatility
ATR(14)1.41
ATR(20)%1.63%
ATR Inc43.68%
Range Today2.11
ADR(20)1.29
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.95
Mansfield1.3
10 Day High82.14
10 Day Low77.89
20 Day High82.14
20 Day Low71.11
52 Week High82.14
52 Week Low48.65
CS1 End71.08
CR1 StartN/A
Volume & EV
DER(3)-4.59%
DER(5)-3.53%
Volume1.52M
Volume Incr-7.12%
Vol(5)1.33M
Vol(50)1.40M