TRC Companies Technical Analysis (NYSE:TRR)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The TRC Companies stock price data and volume are plotted in TRR stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for TRC Companies. Technical analysis uses an approach for TRC Companies stock analysis that does not care for the fair value of a company but uses price and volume data only.
TRC Companies Moving Average
Moving averages show the TRR stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for TRC Companies are mostly signals of long term trends and will help long term traders.
TRC Companies Bollinger Bands
Bollinger bands comprise of a center line usually TRR SMA, and two TRR stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. TRC Companies bollinger bands show that the stock price is $17.55, upper band is 17.58, lower band is 17.48, and the average is 17.53.
TRC Companies Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The TRC Companies MACD indicator is below 0 indicating a bearish trend.
TRC Companies Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of TRR stock is 50.