NYSE:TRNE - New York Stock Exchange, Inc. -
We assign a technical rating of 10 out of 10 to TRNE. Both in the recent history as in the last year, TRNE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TRNE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
9.60
When analyzing the support we can see 2 important areas.
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 TRNE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRNE is up. |
ChartMill Relative Strength | 96.14 | POSITIVE | TRNE has a high relative strength, it outperformed 96.14% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRNE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRNE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRNE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 96.91 | OVERBOUGHT | The high RSI value suggests TRNE may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.41 | POSITIVE | The MACD value suggests TRNE has a positive trend. |
Stochastics (14,3) | 96.82 | OVERBOUGHT | The high Stochastics value suggests TRNE may be overbought. |
Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for TRNE suggests high volalility. |
24.77
+1.22 (+5.18%)