TROOPS INC (TROO) Stock Technical Analysis
NASDAQ:TROO - Nasdaq - KYG9094C1042 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TROO. TROO'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.
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, TROO is a bad performer in the overall market: 94% of all stocks are doing better.
TROO is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 87% are performing better than TROO.
TROO 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 TROO is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month TROO has a been trading in the 0.50 - 0.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of TROO 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
0.55
0.69
We found 1 important support area.
- Support @0.56 from a trend 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 TROO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TROO is neutral. |
| ChartMill Relative Strength | 6.62 | NEGATIVE | TROO has a low relative strength, it was outperformed by 93.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TROO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TROO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TROO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.16 | NEUTRAL | The RSI value for TROO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TROO has a positive trend. |
| Stochastics (14,3) | 52.14 | NEUTRAL | The Stochastics value for TROO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.57 | HIGH VOLATILITY | The high ATR as a percentage value for TROO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.73 | NEUTRAL | The ADX value for TROO 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)
0.688
+0.05 (+7.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg7.5%
1 Week22.81%
2 Weeks14.67%
1 Month26.24%
3 Month-52.23%
6 Month-59.53%
12 Month-42.18%
2 Year-79.82%
3 Year-75.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.57%
ATR Inc67.18%
Range Today0.14
ADR(20)0.06
ADR(20)%8.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.62
Mansfield-6.73
10 Day High0.72
10 Day Low0.53
20 Day High0.79
20 Day Low0.5
52 Week High4.89
52 Week Low0.49
CS1 End0.56
CR1 StartN/A
Volume & EV
DER(3)6.15%
DER(5)16.46%
Volume126.80K
Volume Incr-77.26%
Vol(5)56.00K
Vol(50)308.14K