Twin River Worldwide Holdings Inc (TRWH) Stock Technical Analysis
USA - NYSE:TRWH -
Overall TRWH gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TRWH is only an average performer.
Although TRWH has an excellent technical rating, it does not present a decent entry opportunity 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
22.08
We found 3 important support areas.
- A support zone ranging from 23.60 to 24.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.83 from a trend line in the daily time frame.
- Support @22.30 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @27.19 from a trend line in the weekly time frame.
- Resistance @28.05 from a horizontal line in the daily time frame.
- Resistance @29.73 from a horizontal 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 | UP | POSITIVE | The long term trend for TRWH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRWH is up. |
| ChartMill Relative Strength | 73.8 | POSITIVE | TRWH has a high relative strength, it outperformed 73.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRWH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRWH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRWH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.76 | NEUTRAL | The RSI value for TRWH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests TRWH has a positive trend. |
| Stochastics (14,3) | 90.6 | OVERBOUGHT | The high Stochastics value suggests TRWH may be overbought. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for TRWH suggests some volalility. |
27.14
-0.91 (-3.24%)
Twin River Worldwide Holdings Inc / TRWH FAQ
What is the ChartMill technical rating of Twin River Worldwide Holdings Inc (TRWH) stock?
ChartMill assigns a technical rating of 8 / 10 to TRWH.
What is the current trend direction of Twin River Worldwide Holdings Inc (TRWH) stock?
The current trend direction for Twin River Worldwide Holdings Inc (TRWH) is Bullish.
What is the RSI signal for TRWH stock?
Twin River Worldwide Holdings Inc (TRWH) has an RSI value of 61.7569. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Twin River Worldwide Holdings Inc?
The short term momentum for Twin River Worldwide Holdings Inc (TRWH) is positive.
What are the support and resistance levels for Twin River Worldwide Holdings Inc (TRWH) stock?
Twin River Worldwide Holdings Inc (TRWH) has a support level at 24.56 and a resistance level at 27.19. Check the full technical report for our detailed analysis of TRWH support and resistance levels.