TRIMAS CORP (TRS) Stock Technical Analysis
NASDAQ:TRS - US8962152091 - Common Stock
39.26 USD
+0.67 (+1.74%)
39 USD
-0.26 (-0.66%)
Taking everything into account, TRS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TRS did better than 92% of all other stocks.
TRS is one of the better performing stocks in the Containers & Packaging industry, it outperforms 100% of 22 stocks in the same industry.
A new 52 week high is currently being made by TRS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month TRS has a been trading in the 34.46 - 39.27 range, which is quite wide. It is currently trading near the high of this range.
Although TRS has an excellent technical rating, it does not present a decent entry opportunity 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
34.46
39.66
When analyzing the support we notice one important area.
- A support zone ranging from 34.81 to 34.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.27 to 39.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for TRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRS is up. |
| ChartMill Relative Strength | 92.59 | POSITIVE | TRS has a high relative strength, it outperformed 92.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRS is above the rising 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) | 73.78 | OVERBOUGHT | The high RSI value suggests TRS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests TRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.82 | OVERBOUGHT | The high Stochastics value suggests TRS may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for TRS suggests some volalility. |
| Average Directional Index/ADX (14) | 53.17 | POSITIVE | The high ADX value value for TRS suggests a strong 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)
39.26
+0.67 (+1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.74%
1 Week1.53%
2 Weeks5.11%
1 Month10.5%
3 Month51.35%
6 Month61.9%
12 Month59.92%
2 Year58.56%
3 Year56.6%
5 Year72.19%
10 Year140.12%
15 Year164.38%
Volatility
ATR(14)0.82
ATR(20)%2.26%
ATR Inc31.03%
Range Today0.89
ADR(20)0.83
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.59
Mansfield3.47
10 Day High39.27
10 Day Low37.05
20 Day High39.27
20 Day Low34.46
52 Week High39.27
52 Week Low19.33
CS1 End34.99
CR1 Start39.27
Volume & EV
DER(3)2.77%
DER(5)1.84%
Volume525.40K
Volume Incr-5%
Vol(5)531.54K
Vol(50)498.19K