USA - New York Stock Exchange - NYSE:TROX - GB00BJT16S69 - Common Stock
Overall TROX gets a technical rating of 1 out of 10. TROX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of TROX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
3.93
When analyzing the resistance we notice 3 important areas.
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 | 8.03 | NEGATIVE | TROX has a low relative strength, it was outperformed by 91.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TROX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TROX is above a declining 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) | 61.14 | NEUTRAL | The RSI value for TROX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TROX has a positive trend. |
| Stochastics (14,3) | 84.11 | OVERBOUGHT | The high Stochastics value suggests TROX may be overbought. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for TROX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.96 | POSITIVE | The high ADX value value for TROX suggests a strong trend. |
3.97
+0.07 (+1.79%)
ChartMill assigns a technical rating of 1 / 10 to TROX.
The current trend direction for TRONOX HOLDINGS PLC (TROX) is Bearish.
TRONOX HOLDINGS PLC (TROX) has an RSI value of 61.1378. This indicates that the stock is currently neutral.
The MACD indicator for TRONOX HOLDINGS PLC (TROX) has a value of 0.0896005, indicating a bearish trend.
The short term momentum for TRONOX HOLDINGS PLC (TROX) is neutral.