TUNGRAY TECHNOLOGIES INC-A (TRSG) Stock Technical Analysis
NASDAQ:TRSG - Nasdaq - KYG9124M1069 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TRSG. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than TRSG.
TRSG is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 85% of 125 stocks in the same industry do better.
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.
Warning: TRSG has an average volume of 10878 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TRSG has a been trading in the 1.57 - 1.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TRSG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.72, a Stop Loss order could be placed below this zone.
More info and screens
1.59
1.96
We found 2 important support areas.
- A support zone ranging from 1.69 to 1.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.61 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.75 to 1.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.94 to 1.94. 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 | DOWN | NEGATIVE | The long term trend for TRSG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRSG is neutral. |
| ChartMill Relative Strength | 10.67 | NEGATIVE | TRSG has a low relative strength, it was outperformed by 89.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRSG is above 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) | 51.24 | NEUTRAL | The RSI value for TRSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TRSG has a positive trend. |
| Stochastics (14,3) | 58.09 | NEUTRAL | The Stochastics value for TRSG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for TRSG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.37 | 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 (7/15/2025, 8:26:52 PM)
1.7308
+0.05 (+3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.02%
1 Week-1.13%
2 Weeks6.19%
1 Month-3.84%
3 Month9.41%
6 Month-14.83%
12 Month-46.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.46%
ATR Inc22.35%
Range Today0.15
ADR(20)0.09
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.67
Mansfield-2.51
10 Day High1.8
10 Day Low1.57
20 Day High1.83
20 Day Low1.57
52 Week High4.57
52 Week Low1
CS1 End1.72
CR1 Start1.75
Volume & EV
DER(3)-1.13%
DER(5)1.15%
Volume4.30K
Volume Incr-69.82%
Vol(5)1.98K
Vol(50)10.88K