TRONOX HOLDINGS PLC (TROX) Stock Technical Analysis
NYSE:TROX - GB00BJT16S69 - Common Stock
4.15 USD
+0.03 (+0.73%)
4.07 USD
-0.08 (-1.93%)
We assign a technical rating of 0 out of 10 to TROX. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
97% of all other stocks performed better in the past year than TROX.
TROX is part of the Chemicals industry. There are 84 other stocks in this industry, of which 93% are performing better than TROX.
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 - 4.46 range, which is quite wide. It is currently trading near the high of this range.
TROX has an average volume of 4213670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of TROX 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
4.11
5.93
We can see 6 important resistance areas.
- Resistance @4.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.65 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.83 from a trend line in the daily time frame.
- Resistance @4.93 from a trend line in the weekly time frame.
- Resistance @5.39 from a trend line in the daily time frame.
- Resistance @5.87 from a horizontal line in the weekly 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 | 3 | NEGATIVE | TROX has a low relative strength, it was outperformed by 97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TROX is above 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) | 49.5 | NEUTRAL | The RSI value for TROX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TROX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.75 | OVERBOUGHT | The high Stochastics value suggests TROX may be overbought. |
| Average True Range in percent/ATR (20) | 9.58 | HIGH VOLATILITY | The high ATR as a percentage value for TROX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.3 | 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)
4.15
+0.03 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.73%
1 Week9.79%
2 Weeks10.96%
1 Month-19.26%
3 Month-26.94%
6 Month-46.52%
12 Month-70.21%
2 Year-69.57%
3 Year-71.63%
5 Year-53.68%
10 Year-48.45%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%9.58%
ATR Inc-41.87%
Range Today0.14
ADR(20)0.36
ADR(20)%8.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3
Mansfield-5.48
10 Day High4.35
10 Day Low3.57
20 Day High4.46
20 Day Low2.95
52 Week High15.07
52 Week Low2.95
CS1 EndN/A
CR1 Start4.26
Volume & EV
DER(3)2.09%
DER(5)1.08%
Volume2.17M
Volume Incr-48.52%
Vol(5)3.34M
Vol(50)4.21M