TRIMBLE INC (TRMB) Technical Analysis
NASDAQ:TRMB • US8962391004
Current stock price
TRMB Technical Rating and Analysis
Taking everything into account, TRMB scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 74% of all other stocks performed better in the past year than TRMB.
- TRMB is currently trading in the lower part 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.
- TRMB is one of the better performing stocks in the Software industry, it outperforms 71% of 275 stocks in the same industry.
- TRMB has an average volume of 2128940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TRMB has a been trading in the 62.01 - 70.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TRMB Weekly and Daily overview Charts
TRMB Setup Rating and Analysis
Although the technical rating is bad, TRMB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 64.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TRMB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
TRMB Support and Resistance Analysis
61.91
2 important support areas can be observed.
- A support zone ranging from 63.98 to 64.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.54 to 62.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 70.08 to 70.46. This zone is formed by a combination of multiple trend lines 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.
- 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.
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 | 26.63 | NEGATIVE | TRMB has a low relative strength, it was outperformed by 73.37% 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) | 44.81 | NEUTRAL | The RSI value for TRMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TRMB has a positive trend. |
| Stochastics (14,3) | 48.05 | NEUTRAL | The Stochastics value for TRMB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.74 | 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
65.07
-0.05 (-0.08%)
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.
Can you provide the trend direction for TRIMBLE INC?
The current trend direction for TRIMBLE INC (TRMB) is Bearish.
What is the RSI signal for TRIMBLE INC (TRMB) stock?
TRIMBLE INC (TRMB) has an RSI value of 44.8105. This indicates that the stock is currently neutral.
What is the buy/sell signal for TRIMBLE INC (TRMB) stock?
The buy/sell signal for TRIMBLE INC (TRMB) is sell as both the short term and long term trends are negative.
What is the support and resistance level for TRMB stock?
TRIMBLE INC (TRMB) has a support level at 64.95 and a resistance level at 70.08. Check the full technical report for our detailed analysis of TRMB support and resistance levels.