Canntrust Holdings Inc (TRST.CA) Stock Technical Analysis
Canada - CNSX:TRST -
0.91
-0.07 (-7.14%)
We assign a technical rating of 1 out of 10 to TRST. TRST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
92% of all other stocks performed better in the past year than TRST.
TRST is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month TRST has a been trading in the 0.48 - 1.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of TRST is bad and it also does not present a quality setup 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
0.90
1.53
3 important resistance areas can be observed.
- Resistance @0.98 from a horizontal line in the weekly time frame.
- Resistance @1.38 from a trend line in the daily time frame.
- Resistance @1.51 from a trend line 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 TRST.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRST.CA is neutral. |
| ChartMill Relative Strength | 8.57 | NEGATIVE | TRST.CA has a low relative strength, it was outperformed by 91.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRST.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRST.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRST.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.17 | NEUTRAL | The RSI value for TRST.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TRST.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.53 | NEUTRAL | The Stochastics value for TRST.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.46 | HIGH VOLATILITY | The high ATR as a percentage value for TRST.CA suggests high volalility. |
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)
CNSX:TRST (3/30/2020, 9:44:12 PM)
0.91
-0.07 (-7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.14%
1 Week31.88%
2 Weeks35.82%
1 Month2.25%
3 Month-35%
6 Month-38.1%
12 Month-91.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%13.46%
ATR Inc-16.42%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.57
3 months CRSN/A
6 months CRSN/A
Mansfield-6.79
10 Day High1.22
10 Day Low0.55
20 Day High1.22
20 Day Low0.48
52 Week High10.41
52 Week Low0.48
CS1 EndN/A
CR1 Start0.98
Volume & EV
DER(3)-8.21%
DER(5)-3.85%
Volume321.42K
Volume Incr95.5%
Vol(5)699.42K
Vol(50)402.58K