TRUGOLF HOLDINGS INC-CL A (TRUG) Stock Technical Analysis
USA - NASDAQ:TRUG - US2437334095 - Common Stock
Taking everything into account, TRUG scores 0 out of 10 in our technical rating. TRUG 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 technical rating of TRUG 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
1.58
We can see 2 important resistance areas.
- A resistance zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.03 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages 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 TRUG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRUG is down. |
| ChartMill Relative Strength | 0.6 | NEGATIVE | TRUG has a low relative strength, it was outperformed by 99.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRUG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRUG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRUG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.53 | NEUTRAL | The RSI value for TRUG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TRUG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.67 | OVERSOLD | The low Stochastics value suggests TRUG may be oversold. |
| Average True Range in percent/ATR (20) | 13.15 | HIGH VOLATILITY | The high ATR as a percentage value for TRUG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for TRUG suggests a weak or negative trend. |
1.6
+0.11 (+7.38%)
TRUGOLF HOLDINGS INC-CL A / TRUG FAQ
What is the ChartMill technical rating of TRUGOLF HOLDINGS INC-CL A (TRUG) stock?
ChartMill assigns a technical rating of 0 / 10 to TRUG.
What is the trend direction for TRUG stock?
The current trend direction for TRUGOLF HOLDINGS INC-CL A (TRUG) is Bearish.
What is the RSI signal for TRUGOLF HOLDINGS INC-CL A (TRUG) stock?
TRUGOLF HOLDINGS INC-CL A (TRUG) has an RSI value of 31.526. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TRUGOLF HOLDINGS INC-CL A?
The short term momentum for TRUGOLF HOLDINGS INC-CL A (TRUG) is negative.
What are the support and resistance levels for TRUGOLF HOLDINGS INC-CL A (TRUG) stock?
TRUGOLF HOLDINGS INC-CL A (TRUG) has a resistance level at 1.61. Check the full technical report for our detailed analysis of TRUG support and resistance levels.