Taronis Technologies Inc (TRNX) Stock Technical Analysis
NASDAQ:TRNX - Nasdaq - NL0009693746
Overall TRNX gets a technical rating of 1 out of 10. TRNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TRNX is a bad performer in the overall market: 100% of all stocks are doing better.
TRNX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TRNX is lagging the market.
In the last month TRNX has a been trading in the 0.10 - 0.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
TRNX has an average volume of 57227000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of TRNX is bad and it also does not present a 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
0.20
0.26
We found 1 important support area.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.25 from a trend line in the daily time frame.
- Resistance @0.26 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.39
Mansfield-8.42
10 Day High0.45
10 Day Low0.18
20 Day High0.5
20 Day Low0.11
52 Week High4.96
52 Week Low0.11
Performance
1 Week-26.92%
2 Weeks-39.38%
1 Month27.33%
3 Month-79.4%
6 Month-85.86%
12 Month-92.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)45.46
LBB0.11
UBB0.39
0.205
+0.01 (+5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.07%
1 Week-26.92%
2 Weeks-39.38%
1 Month27.33%
3 Month-79.4%
6 Month-85.86%
12 Month-92.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%29.52%
ATR Inc-21.12%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.39
Mansfield-8.42
10 Day High0.45
10 Day Low0.18
20 Day High0.5
20 Day Low0.11
52 Week High4.96
52 Week Low0.11
CS1 End0.2
CR1 Start0.21
Volume & EV
DER(3)-3.35%
DER(5)-3.72%
Volume72.81M
Volume Incr-56.24%
Vol(5)53.13M
Vol(50)57.23M