TRIO-TECH INTERNATIONAL (TRT) Technical Analysis
NYSEARCA:TRT • US8967122057
Current stock price
TRT Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to TRT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- TRT is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 71% of 115 stocks in the same industry.
- TRT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TRT is performing more or less in line with the market.
- In the last month TRT has a been trading in the 4.42 - 6.68 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that TRT is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TRT Weekly and Daily overview Charts
TRT Setup Rating and Analysis
TRT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
TRT Support and Resistance Analysis
4.51
We found 3 important support areas.
- Support @4.94 from a trend line in the weekly time frame.
- Support @4.72 from a trend line in the daily time frame.
- Support @4.56 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @6.34 from a horizontal line in the daily time frame.
TRT Technical Indicator Signal Analysis
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 TRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRT is up. |
| ChartMill Relative Strength | 93.88 | POSITIVE | TRT has a high relative strength, it outperformed 93.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.18 | NEUTRAL | The RSI value for TRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests TRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.21 | OVERBOUGHT | The high Stochastics value suggests TRT may be overbought. |
| Average True Range in percent/ATR (20) | 8.38 | HIGH VOLATILITY | The high ATR as a percentage value for TRT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for TRT suggests a weak or negative trend. |
TRT Chart- and CandleStick Pattern Analysis
TRT Example Setup
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 |
|---|---|---|---|
| 6.35 | 5.33 | 1.02 (16.06%) | 6.23% |
| An entry @6.35. This is a Buy Stop order right above the resistance zone. | An exit @5.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.02 points, which is 16.06%. | When investing 6.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TRT Technicals: Chart, Performance Metrics, Trend & Indicators
6.2
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TRIO-TECH INTERNATIONAL / TRT TA FAQ
Can you provide the ChartMill technical rating for TRIO-TECH INTERNATIONAL?
ChartMill assigns a technical rating of 8 / 10 to TRT.
Can you provide the trend direction for TRIO-TECH INTERNATIONAL?
The current trend direction for TRIO-TECH INTERNATIONAL (TRT) is Bullish.
Can you provide the RSI signal for TRIO-TECH INTERNATIONAL?
TRIO-TECH INTERNATIONAL (TRT) has an RSI value of 60.1799. This indicates that the stock is currently neutral.
What is the MACD signal for TRIO-TECH INTERNATIONAL (TRT) stock?
The MACD indicator for TRIO-TECH INTERNATIONAL (TRT) has a value of 0.13926, indicating a bearish trend.
What is the short term momentum for TRIO-TECH INTERNATIONAL (TRT) stock?
The short term momentum for TRIO-TECH INTERNATIONAL (TRT) is positive.