TRONOX HOLDINGS PLC (TROX) Stock Technical Analysis
NYSE:TROX - New York Stock Exchange, Inc. - GB00BJT16S69 - Common Stock - Currency: USD
Taking everything into account, TROX scores 1 out of 10 in our technical rating. TROX'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, TROX is a bad performer in the overall market: 94% of all stocks are doing better.
TROX is one of the lesser performing stocks in the Chemicals industry. 89% of 85 stocks in the same industry do better.
TROX 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.
TROX has an average volume of 3239980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TROX has a been trading in the 4.90 - 6.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TROX has a poor technical rating and the quality of the setup is also not perfect 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
4.88
6.19
We found 2 important support areas.
- A support zone ranging from 5.06 to 5.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.93 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.76 to 5.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.13 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 TROX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TROX is neutral. |
| ChartMill Relative Strength | 6.27 | NEGATIVE | TROX has a low relative strength, it was outperformed by 93.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TROX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TROX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TROX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.66 | NEUTRAL | The RSI value for TROX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TROX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.65 | NEUTRAL | The Stochastics value for TROX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for TROX suggests high volalility. |
| Average Directional Index/ADX (14) | 11.2 | NEGATIVE | The low ADX value for TROX suggests a weak or negative 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)
5.58
+0.05 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.9%
1 Week-0.89%
2 Weeks1.45%
1 Month-2.11%
3 Month6.08%
6 Month-41.2%
12 Month-65.49%
2 Year-58.01%
3 Year-64.25%
5 Year-26.77%
10 Year-49.18%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.52%
ATR Inc-26.55%
Range Today0.25
ADR(20)0.27
ADR(20)%4.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.27
Mansfield-4.81
10 Day High5.76
10 Day Low4.9
20 Day High6.24
20 Day Low4.9
52 Week High17.45
52 Week Low4.35
CS1 End5.11
CR1 Start5.76
Volume & EV
DER(3)4.48%
DER(5)1.88%
Volume1.69M
Volume Incr39.35%
Vol(5)3.87M
Vol(50)3.24M