TRON INC (TRON) Stock Technical Analysis
USA - NASDAQ:TRON - US85237B1017 - Common Stock
We assign a technical rating of 0 out of 10 to TRON. TRON 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 technical rating of TRON 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
2.37
When analyzing the support we notice one important area.
- Support @2.39 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.05 to 3.07. 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 TRON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRON is down. |
| ChartMill Relative Strength | 0.95 | NEGATIVE | TRON has a low relative strength, it was outperformed by 99.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.51 | NEUTRAL | The RSI value for TRON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TRON has a negative trend. |
| Stochastics (14,3) | 6.44 | OVERSOLD | The low Stochastics value suggests TRON may be oversold. |
| Average True Range in percent/ATR (20) | 18.64 | HIGH VOLATILITY | The high ATR as a percentage value for TRON suggests high volalility. |
| Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for TRON suggests a weak or negative trend. |
2.41
-0.23 (-8.71%)
TRON INC / TRON FAQ
What is the technical rating for TRON stock?
ChartMill assigns a technical rating of 0 / 10 to TRON.
What is the current trend direction of TRON INC (TRON) stock?
The current trend direction for TRON INC (TRON) is Bearish.
What is the RSI signal for TRON stock?
TRON INC (TRON) has an RSI value of 40.507. This indicates that the stock is currently neutral.
What is the MACD signal for TRON stock?
The MACD indicator for TRON INC (TRON) has a value of -0.0242021, indicating a bearish trend.
Can you provide the buy/sell signal for TRON INC?
The buy/sell signal for TRON INC (TRON) is sell as both the short term and long term trends are negative.