USA - New York Stock Exchange - NYSE:TROX - GB00BJT16S69 - Common Stock
Taking everything into account, TROX scores 7 out of 10 in our technical rating. In the last year, TROX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although TROX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
3.11
When analyzing the support we can see 2 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 | NEUTRAL | NEUTRAL | The long term trend for TROX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TROX is up. |
| ChartMill Relative Strength | 74.2 | POSITIVE | TROX has a high relative strength, it outperformed 74.2% 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) | UP | POSITIVE | The current price of TROX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TROX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 78.04 | OVERBOUGHT | The high RSI value suggests TROX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests TROX has a positive trend. |
| Stochastics (14,3) | 88.1 | OVERBOUGHT | The high Stochastics value suggests TROX may be overbought. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for TROX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.68 | POSITIVE | The high ADX value value for TROX suggests a strong trend. |
5.63
+0.32 (+6.03%)
ChartMill assigns a technical rating of 7 / 10 to TROX.
The current trend direction for TRONOX HOLDINGS PLC (TROX) is Bearish.
TRONOX HOLDINGS PLC (TROX) has an RSI value of 78.0371. This indicates that the stock is currently overbought.
The MACD indicator for TRONOX HOLDINGS PLC (TROX) has a value of 0.108243, indicating a bearish trend.