TRUPANION INC (TRUP) Technical Analysis
NASDAQ:TRUP • US8982021060
Current stock price
TRUP Technical Rating and Analysis
Taking everything into account, TRUP scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. TRUP was also a bad performer in the overall market in the last year.
- 86% of all other stocks performed better in the past year than TRUP.
- TRUP is part of the Insurance industry. There are 147 other stocks in this industry, of which 76% are performing better than TRUP.
- TRUP 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month TRUP has a been trading in the 24.15 - 29.45 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TRUP Weekly and Daily overview Charts
TRUP Setup Rating and Analysis
The technical rating of TRUP 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
TRUP Support and Resistance Analysis
24.29
We found 1 important support area.
- A support zone ranging from 24.54 to 24.74. 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 28.20 to 28.31. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 28.88 to 28.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @54.84 from a horizontal line in the weekly time frame.
TRUP 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 | DOWN | NEGATIVE | The long term trend for TRUP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRUP is up. |
| ChartMill Relative Strength | 14.51 | NEGATIVE | TRUP has a low relative strength, it was outperformed by 85.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRUP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRUP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRUP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.49 | NEUTRAL | The RSI value for TRUP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests TRUP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.26 | OVERBOUGHT | The high Stochastics value suggests TRUP may be overbought. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for TRUP suggests some volalility. |
| Average Directional Index/ADX (14) | 19.13 | NEGATIVE | The low ADX value for TRUP suggests a weak or negative trend. |
TRUP Chart- and CandleStick Pattern Analysis
TRUP Technicals: Chart, Performance Metrics, Trend & Indicators
27.91
-0.97 (-3.36%)
TRUPANION INC / TRUP TA FAQ
What is the ChartMill technical rating of TRUPANION INC (TRUP) stock?
ChartMill assigns a technical rating of 2 / 10 to TRUP.
What is the trend direction for TRUP stock?
The current trend direction for TRUPANION INC (TRUP) is Bearish.
What is the RSI signal for TRUP stock?
TRUPANION INC (TRUP) has an RSI value of 57.4918. This indicates that the stock is currently neutral.
What is the buy/sell signal for TRUPANION INC (TRUP) stock?
The buy/sell signal for TRUPANION INC (TRUP) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for TRUPANION INC?
TRUPANION INC (TRUP) has a support level at 24.74 and a resistance level at 28.2. Check the full technical report for our detailed analysis of TRUP support and resistance levels.