TRANSCAT INC (TRNS) Stock Technical Analysis
NASDAQ:TRNS - Nasdaq - US8935291075 - Common Stock - Currency: USD
Overall TRNS gets a technical rating of 4 out of 10. In the past year, TRNS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
81% of all other stocks performed better in the past year than TRNS.
TRNS 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 TRNS is lagging the market.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month TRNS has a been trading in the 76.14 - 97.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TRNS has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
79.11
92.62
2 important resistance areas can be observed.
- A resistance zone ranging from 80.26 to 81.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 91.32 to 91.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for TRNS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRNS is neutral. |
| ChartMill Relative Strength | 19.5 | NEGATIVE | TRNS has a low relative strength, it was outperformed by 80.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TRNS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TRNS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRNS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.76 | NEUTRAL | The RSI value for TRNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.76 | NEGATIVE | The MACD value suggests TRNS has a negative trend. |
| Stochastics (14,3) | 28.58 | NEUTRAL | The Stochastics value for TRNS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for TRNS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.57 | NEUTRAL | The ADX value for TRNS suggests a possible start of a new 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)
79.91
-6.04 (-7.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-7.03%
1 Week-10.56%
2 Weeks-15.31%
1 Month0.96%
3 Month6.77%
6 Month-21.7%
12 Month-36.75%
2 Year-6.33%
3 Year40.66%
5 Year209.01%
10 Year745.61%
15 Year965.47%
Volatility
ATR(14)4.79
ATR(20)%5.71%
ATR Inc6.5%
Range Today6.16
ADR(20)4.16
ADR(20)%5.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.5
Mansfield-2.55
10 Day High95.39
10 Day Low79.71
20 Day High97.08
20 Day Low76.15
52 Week High147.12
52 Week Low67.56
CS1 EndN/A
CR1 Start80.26
Volume & EV
DER(3)-1.37%
DER(5)-2.46%
Volume128.00K
Volume Incr-14.1%
Vol(5)118.94K
Vol(50)120.47K