TRON INC (TRON) Stock Technical Analysis
NASDAQ:TRON - US85237B1017 - Common Stock
5.215 USD
+0.04 (+0.68%)
5.24 USD
+0.03 (+0.48%)
Overall TRON gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% 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. 83% of 31 stocks in the same industry do better.
TRON is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month TRON has a been trading in the 4.84 - 12.00 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
TRON has an average volume of 1848960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
5.16
11.69
2 important resistance areas can be observed.
- Resistance @8.78 from a trend line in the daily time frame.
- Resistance @11.57 from a horizontal line 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 | 2.55 | NEGATIVE | TRON has a low relative strength, it was outperformed by 97.45% 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) | 24.55 | OVERSOLD | The low RSI value suggests TRON may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TRON has a negative trend. |
| Stochastics (14,3) | 9.62 | OVERSOLD | The low Stochastics value suggests TRON may be oversold. |
| Average True Range in percent/ATR (20) | 17.12 | HIGH VOLATILITY | The high ATR as a percentage value for TRON suggests high volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for TRON 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)
5.215
+0.04 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg0.68%
1 Week-23.53%
2 Weeks-25.18%
1 Month-45.68%
3 Month-54.81%
6 Month-54.41%
12 Month-49.52%
2 Year-48.62%
3 Year-46.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%17.12%
ATR Inc-15.12%
Range Today0.61
ADR(20)0.85
ADR(20)%16.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.55
Mansfield-6.34
10 Day High8.09
10 Day Low4.84
20 Day High12
20 Day Low4.84
52 Week High17.9
52 Week Low4.84
CS1 EndN/A
CR1 Start8.78
Volume & EV
DER(3)-5.82%
DER(5)-7.41%
Volume5.85M
Volume Incr-8.78%
Vol(5)2.86M
Vol(50)1.85M