TRIMAS CORP (TRS)
US8962152091 - Common Stock
Taking everything into account, TRS scores 6 out of 10 in our technical rating. In the last year, TRS was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month TRS has a been trading in the 25.03 - 27.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, TRS outperforms 49% of them, which is more or less in line with the market.
TRS is part of the Containers & Packaging industry. There are 23 other stocks in this industry, TRS did better than 50% of them.
TRS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRS is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, TRS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 25.67, a Stop Loss order could be placed below this zone.
More info and screens
23.18
27.17
We found 4 important support areas.
- A support zone ranging from 25.55 to 26.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.58 to 24.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 24.04 to 24.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 23.41 to 23.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.35 to 26.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.94
Mansfield-0.71
10 Day High27.02
10 Day Low25.15
20 Day High27.04
20 Day Low25.03
52 Week High29.07
52 Week Low22.59
Performance
1 Week-1.86%
2 Weeks3%
1 Month-2.79%
3 Month3.57%
6 Month4.79%
12 Month1.74%
2 Year-8.48%
3 Year-20.45%
5 Year-9.98%
10 Year-26.55%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)48.86
LBB24.88
UBB26.82
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.91 | 25.54 | 1.37 (5.09%) | 19.64% |
| An entry @26.91. This is a Buy Stop order right above the resistance zone. | An exit @25.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.37 points, which is 5.09%. | For a 1.00% total portfolio risk, you can invest 19.64% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TRIMAS CORP
NASDAQ:TRS (5/2/2024, 9:55:10 AM)
26.25
+0.46 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.78%
1 Week-1.86%
2 Weeks3%
1 Month-2.79%
3 Month3.57%
6 Month4.79%
12 Month1.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.61
ATR(20)%2.39%
ATR Inc
Range Today0.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High27.02
10 Day Low25.15
20 Day High27.04
20 Day Low25.03
52 Week High29.07
52 Week Low22.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume19.81K
Volume Incr61.55%
Vol(5)382.46K
Vol(50)270.10K