TRIMBLE INC (TRMB) Technical Analysis
NASDAQ:TRMB • US8962391004
Current stock price
TRMB Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TRMB. TRMB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TRMB is a bad performer in the overall market: 78% of all stocks are doing better.
- In the last month TRMB has a been trading in the 64.74 - 70.82 range, which is quite wide. It is currently trading near the lows of this range.
- TRMB has an average volume of 2179940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TRMB is an average performer in the Software industry, it outperforms 68% of 278 stocks in the same industry.
- TRMB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRMB is lagging the market slightly.
TRMB Weekly and Daily overview Charts
TRMB Setup Rating and Analysis
TRMB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
TRMB Support and Resistance Analysis
63.34
When analyzing the support we can see 2 important areas.
- Support @65.70 from a horizontal line in the weekly time frame.
- A support zone ranging from 63.98 to 64.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 67.13 to 67.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 69.31 to 70.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @78.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 82.78 to 82.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @85.24 from a horizontal line in the daily time frame.
TRMB Technical Indicator Signal Analysis
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 TRMB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRMB is down. |
| ChartMill Relative Strength | 22.58 | NEGATIVE | TRMB has a low relative strength, it was outperformed by 77.42% off all stocks 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) | DOWN | NEGATIVE | The current price of TRMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.52 | NEUTRAL | The RSI value for TRMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests TRMB has a negative trend. |
| Stochastics (14,3) | 18.19 | OVERSOLD | The low Stochastics value suggests TRMB may be oversold. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for TRMB suggests a weak or negative trend. |
TRMB Chart- and CandleStick Pattern Analysis
TRMB Technicals: Chart, Performance Metrics, Trend & Indicators
65.71
-0.97 (-1.45%)
TRIMBLE INC / TRMB TA FAQ
Can you provide the ChartMill technical rating for TRIMBLE INC?
ChartMill assigns a technical rating of 0 / 10 to TRMB.
What is the trend direction for 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 41.5222. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TRIMBLE INC?
The MACD indicator for TRIMBLE INC (TRMB) has a value of -0.12922, indicating a bearish trend.
Can you provide the short term momentum for TRIMBLE INC?
The short term momentum for TRIMBLE INC (TRMB) is negative.