TRON INC (TRON) Technical Analysis
NASDAQ:TRON • US85237B1017
Current stock price
TRON Technical Rating and Analysis
Taking everything into account, TRON scores 3 out of 10 in our technical rating. TRON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than TRON.
- TRON is one of the lesser performing stocks in the Leisure Products industry. 66% of 31 stocks in the same industry do better.
- TRON 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 TRON has a been trading in the 1.87 - 2.73 range, which is quite wide. It is currently trading near the lows of this range.
- TRON has an average volume of 1213640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
TRON Weekly and Daily overview Charts
TRON Setup Rating and Analysis
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
TRON Support and Resistance Analysis
1.89
We found 1 important support area.
- A support zone ranging from 1.91 to 1.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.93 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.26 to 2.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.44 from a trend line in the daily time frame.
- Resistance @2.63 from a horizontal line in the daily time frame.
TRON Technical Indicator Signal Analysis
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 | 14.14 | NEGATIVE | TRON has a low relative strength, it was outperformed by 85.86% 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) | UP | MIXED | The current price of TRON is below the rising 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) | 41.16 | NEUTRAL | The RSI value for TRON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TRON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.89 | OVERSOLD | The low Stochastics value suggests TRON may be oversold. |
| Average True Range in percent/ATR (20) | 11.16 | HIGH VOLATILITY | The high ATR as a percentage value for TRON suggests high volalility. |
| Average Directional Index/ADX (14) | 21.9 | NEUTRAL | The ADX value for TRON suggests a possible start of a new trend. |
TRON Chart- and CandleStick Pattern Analysis
TRON Technicals: Chart, Performance Metrics, Trend & Indicators
1.92
0 (0%)
TRON INC / TRON TA FAQ
What is the technical rating for TRON stock?
ChartMill assigns a technical rating of 3 / 10 to TRON.
Can you provide the trend direction for TRON INC?
The current trend direction for TRON INC (TRON) is Bearish.
What is the RSI signal for TRON INC (TRON) stock?
TRON INC (TRON) has an RSI value of 41.1584. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TRON INC?
The MACD indicator for TRON INC (TRON) has a value of -0.0800809, 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.