TRAVELERS COS INC/THE (TRV) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:TRV • US89417E1091
We assign a technical rating of 9 out of 10 to TRV. Both in the recent history as in the last year, TRV has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TRV did better than 73% of all other stocks. We also observe that the gains produced by TRV over the past year are nicely spread over this period.
- TRV is part of the Insurance industry. There are 149 other stocks in this industry. TRV outperforms 85% of them.
- TRV is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TRV has a been trading in the 268.00 - 304.40 range, which is quite wide. It is currently trading near the high of this range.
- TRV has an average volume of 1577650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although TRV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
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3 important support areas can be observed.
- A support zone ranging from 281.51 to 288.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 261.56 to 276.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @254.91 from a horizontal line 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 | 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 | 73.66 | POSITIVE | TRV has a high relative strength, it outperformed 73.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRV is above the rising 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) | 74.74 | OVERBOUGHT | The high RSI value suggests TRV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.88 | POSITIVE | The MACD value suggests TRV has a positive trend. |
| Stochastics (14,3) | 94.3 | OVERBOUGHT | The high Stochastics value suggests TRV may be overbought. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for TRV suggests low volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for TRV suggests a possible start of a new trend. |
301.49
+1.18 (+0.39%)
TRAVELERS COS INC/THE / TRV FAQ
What is the technical rating for TRV stock?
ChartMill assigns a technical rating of 9 / 10 to TRV.
What is the current trend direction of TRAVELERS COS INC/THE (TRV) stock?
The current trend direction for TRAVELERS COS INC/THE (TRV) is Bullish.
Can you provide the RSI signal for TRAVELERS COS INC/THE?
TRAVELERS COS INC/THE (TRV) has an RSI value of 74.7396. This indicates that the stock is currently overbought.
Can you provide the MACD signal for TRAVELERS COS INC/THE?
The MACD indicator for TRAVELERS COS INC/THE (TRV) has a value of 2.87744, indicating a bullish trend.
Can you provide the short term momentum for TRAVELERS COS INC/THE?
The short term momentum for TRAVELERS COS INC/THE (TRV) is positive.