TRAVELERS COS INC/THE (TRV) Stock Technical Analysis
NYSE:TRV - New York Stock Exchange, Inc. - US89417E1091 - Common Stock - Currency: USD
Taking everything into account, TRV scores 5 out of 10 in our technical rating. In the last year, TRV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Both the short term and long term trends are positive. This is a very positive sign.
TRV is one of the better performing stocks in the Insurance industry, it outperforms 80% of 143 stocks in the same industry.
TRV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRV is lagging the market slightly.
In the last month TRV has a been trading in the 254.25 - 270.80 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
TRV has an average volume of 1270310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TRV outperforms 67% of them, which is more or less in line with the market.
Although the technical rating is only medium, TRV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 263.38, a Stop Loss order could be placed below this zone. 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
230.10
279.11
We found 3 important support areas.
- A support zone ranging from 256.38 to 263.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @250.62 from a horizontal line in the daily time frame.
- A support zone ranging from 232.42 to 236.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 265.76 to 267.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 275.71 to 276.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TRV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRV is up. |
| ChartMill Relative Strength | 67.14 | NEUTRAL | TRV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.16 | NEUTRAL | The RSI value for TRV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests TRV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83 | OVERBOUGHT | The high Stochastics value suggests TRV may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for TRV suggests low volalility. |
| Average Directional Index/ADX (14) | 11.86 | NEGATIVE | The low ADX value for TRV suggests a weak or negative 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)
265.59
-3 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.12%
1 Week0.27%
2 Weeks2.81%
1 Month-0.14%
3 Month-2.94%
6 Month11.45%
12 Month22.63%
2 Year64.73%
3 Year64.31%
5 Year128.88%
10 Year166.79%
15 Year442.13%
Volatility
ATR(14)4.53
ATR(20)%1.77%
ATR Inc-2.33%
Range Today5.5
ADR(20)4.42
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.14
Mansfield-0.44
10 Day High270.8
10 Day Low258.71
20 Day High270.8
20 Day Low254.25
52 Week High277.83
52 Week Low215.39
CS1 End263.38
CR1 Start265.76
Volume & EV
DER(3)-2.92%
DER(5)-1.17%
Volume1.30M
Volume Incr-4.41%
Vol(5)1.27M
Vol(50)1.27M