Taking everything into account, TROO scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TROO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TROO did better than 99% of all other stocks.
- TROO is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 95% of 123 stocks in the same industry.
- TROO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TROO is lagging the market slightly.
- In the last month TROO has a been trading in the 3.35 - 5.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TROO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
3.35
2 important support areas can be observed.
- A support zone ranging from 3.79 to 3.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.10 from a horizontal line in the daily time frame.
- Resistance @4.74 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for TROO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TROO is up. |
| ChartMill Relative Strength | 99.04 | POSITIVE | TROO has a high relative strength, it outperformed 99.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TROO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TROO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TROO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.03 | NEUTRAL | The RSI value for TROO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TROO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.31 | NEUTRAL | The Stochastics value for TROO is a neutral value. |
| Average True Range in percent/ATR (20) | 12.19 | HIGH VOLATILITY | The high ATR as a percentage value for TROO suggests high volalility. |
| Average Directional Index/ADX (14) | 31.28 | POSITIVE | The high ADX value value for TROO suggests a strong trend. |
3.92
-0.1 (-2.49%)
TROOPS INC / TROO FAQ
What is the technical rating for TROO stock?
ChartMill assigns a technical rating of 9 / 10 to TROO.
Can you provide the trend direction for TROOPS INC?
The current trend direction for TROOPS INC (TROO) is Bullish.
What is the RSI signal for TROOPS INC (TROO) stock?
TROOPS INC (TROO) has an RSI value of 56.0346. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TROOPS INC?
The MACD indicator for TROOPS INC (TROO) has a value of -0.0663593, indicating a bearish trend.
What is the buy/sell signal for TROO stock?
The buy/sell signal for TROOPS INC (TROO) is buy as both the short term and long term trends are positive.