TRIMAS CORP (TRS) Technical Analysis
NASDAQ:TRS • US8962152091
Current stock price
35.04 USD
-0.25 (-0.71%)
At close:
35.04 USD
0 (0%)
After Hours:
TRS Technical Rating and Analysis
Taking everything into account, TRS scores 4 out of 10 in our technical rating. Although TRS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month TRS has a been trading in the 34.71 - 42.00 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.
- TRS is one of the better performing stocks in the Containers & Packaging industry, it outperforms 85% of 22 stocks in the same industry.
- TRS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TRS is performing more or less in line with the market.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, TRS did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
TRS Weekly and Daily overview Charts
TRS Setup Rating and Analysis
TRS has an average technical rating and also the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
TRS Support and Resistance Analysis
30.76
40.43
We found 4 important support areas.
- Support @34.99 from a trend line in the daily time frame.
- Support @33.88 from a horizontal line in the daily time frame.
- Support @32.72 from a trend line in the daily time frame.
- A support zone ranging from 31.07 to 31.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @39.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 39.96 to 40.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
TRS Technical Indicator Signal Analysis
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 TRS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRS is neutral. |
| ChartMill Relative Strength | 85.36 | POSITIVE | TRS has a high relative strength, it outperformed 85.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.5 | NEUTRAL | The RSI value for TRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests TRS has a negative trend. |
| Stochastics (14,3) | 10.09 | OVERSOLD | The low Stochastics value suggests TRS may be oversold. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for TRS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.38 | POSITIVE | The high ADX value value for TRS suggests a strong trend. |
TRS Chart- and CandleStick Pattern Analysis
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)
TRS Technicals: Chart, Performance Metrics, Trend & Indicators
35.04
-0.25 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.71%
1 Week-6.41%
2 Weeks-10.34%
1 Month-1.99%
3 Month3.33%
6 Month-10.15%
12 Month45.09%
2 Year31.09%
3 Year25.77%
5 Year15.57%
10 Year100%
15 Year62.98%
Volatility
ATR(14)2
ATR(20)%5.06%
ATR Inc-15.11%
Range Today1.31
ADR(20)1.73
ADR(20)%4.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.36
3 months CRS77.08
6 months CRS29.67
Mansfield0.53
10 Day High39.8
10 Day Low34.71
20 Day High42
20 Day Low34.71
52 Week High42
52 Week Low19.45
CS1 End34.99
CR1 Start39.26
Volume & EV
DER(3)0.98%
DER(5)1.77%
Volume390.70K
Volume Incr2.35%
Vol(5)531.50K
Vol(50)467.30K
TRIMAS CORP / TRS TA FAQ
What is the ChartMill technical rating of TRIMAS CORP (TRS) stock?
ChartMill assigns a technical rating of 4 / 10 to TRS.
What is the trend direction for TRS stock?
The current trend direction for TRIMAS CORP (TRS) is Bearish.
What is the RSI signal for TRIMAS CORP (TRS) stock?
TRIMAS CORP (TRS) has an RSI value of 41.5034. This indicates that the stock is currently neutral.
What is the short term momentum for TRS stock?
The short term momentum for TRIMAS CORP (TRS) is neutral.