TRIO-TECH INTERNATIONAL (TRT) Stock Technical Analysis
NYSEARCA:TRT - NYSE Arca - US8967122057 - Common Stock - Currency: USD
Overall TRT gets a technical rating of 5 out of 10. In the past year, TRT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
70% of all other stocks performed better in the past year than TRT.
TRT is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 66% of 110 stocks in the same industry do better.
TRT 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: TRT has an average volume of 14392 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TRT has a been trading in the 4.89 - 6.10 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 only medium, TRT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TRT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
4.79
7.30
We found 1 important support area.
- A support zone ranging from 4.84 to 4.94. 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 5.42 to 5.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.75 to 5.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.23 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for TRT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRT is up. |
| ChartMill Relative Strength | 30.43 | NEUTRAL | TRT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TRT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.79 | NEUTRAL | The RSI value for TRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.76 | NEUTRAL | The Stochastics value for TRT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for TRT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.34 | POSITIVE | The high ADX value value for TRT 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)
5.39
-0.23 (-4.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-4.14%
1 Week3.26%
2 Weeks3.26%
1 Month1.32%
3 Month6.1%
6 Month-10.76%
12 Month-6.59%
2 Year-5.44%
3 Year10.22%
5 Year42.59%
10 Year81.48%
15 Year34.41%
Volatility
ATR(14)0.29
ATR(20)%6.69%
ATR Inc-21.98%
Range Today0
ADR(20)0.33
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.43
Mansfield-1.55
10 Day High5.8
10 Day Low5.21
20 Day High6.1
20 Day Low4.89
52 Week High7.88
52 Week Low4.62
CS1 End4.94
CR1 Start5.42
Volume & EV
DER(3)1.68%
DER(5)3.13%
Volume1.40K
Volume Incr-82.73%
Vol(5)4.98K
Vol(50)14.39K