TUNGRAY TECHNOLOGIES INC-A (TRSG) Stock Technical Analysis
NASDAQ:TRSG - KYG9124M1069 - Common Stock
1.6553 USD
-0.01 (-0.88%)
Overall TRSG gets a technical rating of 0 out of 10. TRSG 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TRSG is a bad performer in the overall market: 93% of all stocks are doing better.
TRSG is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 86% are performing better than TRSG.
TRSG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TRSG has a been trading in the 1.61 - 1.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: TRSG has an average volume of 5706 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
TRSG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TRSG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.56
1.85
We found 2 important support areas.
- A support zone ranging from 1.62 to 1.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.58 to 1.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.66 to 1.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.76 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines in the daily 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 TRSG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRSG is down. |
| ChartMill Relative Strength | 7.57 | NEGATIVE | TRSG has a low relative strength, it was outperformed by 92.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRSG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRSG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRSG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.3 | NEUTRAL | The RSI value for TRSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TRSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.06 | NEUTRAL | The Stochastics value for TRSG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for TRSG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for TRSG suggests a possible start of a new 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)
NASDAQ:TRSG (8/27/2025, 2:55:04 PM)
1.6553
-0.01 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.88%
1 Week-1.15%
2 Weeks-1.31%
1 Month-5.17%
3 Month-11.91%
6 Month-2.91%
12 Month-43.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.03%
ATR Inc-35.53%
Range Today0.03
ADR(20)0.06
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.57
Mansfield-2.42
10 Day High1.73
10 Day Low1.61
20 Day High1.8
20 Day Low1.61
52 Week High3.7
52 Week Low1
CS1 End1.66
CR1 Start1.68
Volume & EV
DER(3)12.26%
DER(5)9.36%
Volume4.27K
Volume Incr-71.25%
Vol(5)2.08K
Vol(50)5.71K