INTERACTIVE STRENGTH INC (TRNR) Stock Technical Analysis
NASDAQ:TRNR - US45840Y3027 - Common Stock
4.13 USD
+0.19 (+4.82%)
4.08 USD
-0.05 (-1.21%)
We assign a technical rating of 0 out of 10 to TRNR. TRNR 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.
When comparing the yearly performance of all stocks, TRNR is a bad performer in the overall market: 100% of all stocks are doing better.
TRNR is part of the Leisure Products industry. There are 33 other stocks in this industry, of which 81% are performing better than TRNR.
TRNR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TRNR has a been trading in the 3.61 - 4.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TRNR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for TRNR 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
4.09
5.41
We found 1 important resistance area.
- A resistance zone ranging from 5.28 to 5.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The long term trend for TRNR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRNR is down. |
| ChartMill Relative Strength | 0.65 | NEGATIVE | TRNR has a low relative strength, it was outperformed by 99.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRNR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRNR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRNR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.54 | NEUTRAL | The RSI value for TRNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TRNR has a positive trend. |
| Stochastics (14,3) | 39.94 | NEUTRAL | The Stochastics value for TRNR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.32 | HIGH VOLATILITY | The high ATR as a percentage value for TRNR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.92 | NEGATIVE | The low ADX value for TRNR suggests a weak or negative 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)
4.13
+0.19 (+4.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg4.82%
1 Week7.55%
2 Weeks-0.72%
1 Month-2.36%
3 Month-49.57%
6 Month-83.93%
12 Month-99.13%
2 Year-99.99%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%8.32%
ATR Inc-12.02%
Range Today0.3
ADR(20)0.34
ADR(20)%8.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.65
Mansfield-9.23
10 Day High4.5
10 Day Low3.61
20 Day High4.69
20 Day Low3.61
52 Week High490
52 Week Low3.61
CS1 EndN/A
CR1 Start5.28
Volume & EV
DER(3)6.11%
DER(5)3.31%
Volume44.70K
Volume Incr-67.61%
Vol(5)39.22K
Vol(50)562.66K