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 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TROX is a bad performer in the overall market: 99% of all stocks are doing better.
TROX is one of the lesser performing stocks in the Chemicals industry. 95% 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.
In the last month TROX has a been trading in the 2.95 - 5.97 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.
TROX has an average volume of 3656370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.15
5.76
We can see 2 important resistance areas.
- Resistance @5.52 from a trend line in the daily time frame.
- Resistance @5.70 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 TROX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TROX is down. |
| ChartMill Relative Strength | 1.82 | NEGATIVE | TROX has a low relative strength, it was outperformed by 98.18% 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) | DOWN | NEGATIVE | The current price of TROX is below 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) | 25.94 | OVERSOLD | The low RSI value suggests TROX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests TROX has a negative trend. |
| Stochastics (14,3) | 9.64 | OVERSOLD | The low Stochastics value suggests TROX may be oversold. |
| Average True Range in percent/ATR (20) | 13.54 | HIGH VOLATILITY | The high ATR as a percentage value for TROX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.49 | 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)
3.18
-0.22 (-6.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-6.47%
1 Week-44.6%
2 Weeks-41.76%
1 Month-39.2%
3 Month-39.43%
6 Month-67.91%
12 Month-75.44%
2 Year-76.69%
3 Year-78.26%
5 Year-64.51%
10 Year-60.5%
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%13.54%
ATR Inc16.75%
Range Today0.46
ADR(20)0.38
ADR(20)%12.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.82
Mansfield-6.7
10 Day High5.97
10 Day Low2.95
20 Day High5.97
20 Day Low2.95
52 Week High15.07
52 Week Low2.95
CS1 EndN/A
CR1 Start5.52
Volume & EV
DER(3)-1.43%
DER(5)-2.18%
Volume9.32M
Volume Incr324.6%
Vol(5)11.37M
Vol(50)3.66M