USA - NASDAQ:TRML - US89157D1054 - Common Stock
Overall TRML gets a technical rating of 8 out of 10. Both in the recent history as in the last year, TRML has proven to be a steady performer, scoring decent points in every aspect analyzed.
TRML has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 47.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.97, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TRML in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
47.36
When analyzing the support we notice one important area.
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 | UP | POSITIVE | The long term trend for TRML is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRML is up. |
| ChartMill Relative Strength | 96.08 | POSITIVE | TRML has a high relative strength, it outperformed 96.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRML is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRML is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRML is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 89.39 | OVERBOUGHT | The high RSI value suggests TRML may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests TRML has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.96 | OVERBOUGHT | The high Stochastics value suggests TRML may be overbought. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for TRML suggests low volalility. |
| Average Directional Index/ADX (14) | 81.23 | POSITIVE | The high ADX value value for TRML suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 48.01 | 47.80 | 0.21 (0.44%) | 25.00% |
| An entry @48.01. This is a Buy Stop order right above the 10 day high. | An exit @47.80. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.21 points, which is 0.44%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
47.98
0 (0%)
ChartMill assigns a technical rating of 8 / 10 to TRML.
The current trend direction for TOURMALINE BIO INC (TRML) is Bullish.
TOURMALINE BIO INC (TRML) has an RSI value of 89.3851. This indicates that the stock is currently overbought.
The MACD indicator for TOURMALINE BIO INC (TRML) has a value of -0.618589, indicating a bearish trend.
The short term momentum for TOURMALINE BIO INC (TRML) is positive.