TRZ Technical Analysis - TRANSAT A.T. INC

Technical Rating and Analysis

Overall TRZ gets a technical rating of 2 out of 10. TRZ has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

TRZ is one of the lesser performing stocks in the Passenger Airlines industry. 80% of 6 stocks in the same industry do better.

In the last month TRZ has a been trading in the 2.50 - 3.10 range, which is quite wide. It is currently trading near the lows of this range.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

When comparing the performance of all stocks over the past year, TRZ turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.

TRZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRZ is lagging the market.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

TRANSAT A.T. INC / TRZ Weekly stock chart

TRANSAT A.T. INC / TRZ Daily stock chart

Setup Rating and Analysis

TRZ has a poor technical rating and the quality of the setup is also only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.48

2.82

We found 1 important support area.

A support zone ranging from 2.50 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 2.52 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @2.79 from a trend line in the weekly time frame.

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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	UP	POSITIVE	The long term trend for TRZ.CA is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TRZ.CA is down.
ChartMill Relative Strength	60.95	NEUTRAL	TRZ.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of TRZ.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of TRZ.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of TRZ.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)	35.54	NEUTRAL	The RSI value for TRZ.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests TRZ.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	7.06	OVERSOLD	The low Stochastics value suggests TRZ.CA may be oversold.
Average True Range in percent/ATR (20)	3.86	MEDIUM VOLATILITY	The ATR as a percentage value for TRZ.CA suggests some volalility.
Average Directional Index/ADX (14)	24.47	NEUTRAL	The ADX value for TRZ.CA suggests a possible start of a new trend.