TREMOR INTERNATIONAL LTD-ADR (TRMR) Stock Technical Analysis
NASDAQ:TRMR - Nasdaq - US89484T1043 - ADR - Currency: USD
Taking everything into account, TRMR scores 7 out of 10 in our technical rating. In the last year, TRMR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month TRMR has a been trading in the 4.17 - 5.25 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, TRMR outperforms 62% of them, which is more or less in line with the market.
TRMR is an average performer in the Media industry, it outperforms 68% of 97 stocks in the same industry.
TRMR 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 TRMR is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TRMR also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
4.71
5.76
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.95 to 4.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.76 to 4.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @5.07 from a horizontal line in the weekly time frame.
- Resistance @5.45 from a trend line in the weekly time frame.
- Resistance @5.70 from a trend 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 TRMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRMR is up. |
| ChartMill Relative Strength | 62.97 | NEUTRAL | TRMR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.98 | NEUTRAL | The RSI value for TRMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TRMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.41 | NEUTRAL | The Stochastics value for TRMR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.33 | POSITIVE | The high ADX value value for TRMR 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)
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 |
|---|---|---|---|
| 5.08 | 4.94 | 0.14 (2.76%) | 25.00% |
| An entry @5.08. This is a Buy Stop order right above the resistance zone. | An exit @4.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 2.76%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TRMR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:TRMR (1/9/2024, 8:00:01 PM)
5.02
+0.05 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.01%
1 Week0.6%
2 Weeks4.58%
1 Month17.56%
3 Month48.08%
6 Month-33.69%
12 Month-31.51%
2 Year-65.64%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%4.44%
ATR Inc-1.46%
Range Today0.15
ADR(20)0.2
ADR(20)%3.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.97
Mansfield-1.78
10 Day High5.25
10 Day Low4.72
20 Day High5.25
20 Day Low4.17
52 Week High8.59
52 Week Low3.16
CS1 End4.98
CR1 Start5.07
Volume & EV
DER(3)0.3%
DER(5)0.73%
Volume24.10K
Volume Incr-76.14%
Vol(5)28.50K
Vol(50)80.67K