TOOTSIE ROLL INDS (TR) Stock Technical Analysis
NYSE:TR - New York Stock Exchange, Inc. - US8905161076 - Common Stock - Currency: USD
Taking everything into account, TR scores 9 out of 10 in our technical rating. TR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TR is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by TR over the past year are nicely spread over this period.
TR is part of the Food Products industry. There are 89 other stocks in this industry. TR outperforms 81% of them.
TR is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so TR slightly outperforms the market at the moment.
In the last month TR has a been trading in the 29.13 - 32.75 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.
Besides having an excellent technical rating, TR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 32.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.57, a Stop Loss order could be placed below this zone.
More info and screens
27.04
33.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 31.02 to 31.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.41 to 29.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 28.15 to 28.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.31 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.35 to 33.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.21
Mansfield0.96
10 Day High32.75
10 Day Low29.99
20 Day High32.75
20 Day Low29.13
52 Week High33.22
52 Week Low26.78
Performance
1 Week2.44%
2 Weeks5.05%
1 Month1.59%
3 Month4.91%
6 Month8.74%
12 Month10.01%
2 Year-17.34%
3 Year-0.65%
5 Year2.04%
10 Year19.18%
15 Year38.81%
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)54.95
LBB29.55
UBB32.82
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.20 | 31.01 | 2.19 (6.60%) | 15.16% |
| An entry @33.20. This is a Buy Stop order right above the resistance zone. | An exit @31.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.19 points, which is 6.60%. | For a 1.00% total portfolio risk, you can invest 15.16% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
31.85
-0.68 (-2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-2.09%
1 Week2.44%
2 Weeks5.05%
1 Month1.59%
3 Month4.91%
6 Month8.74%
12 Month10.01%
2 Year-17.34%
3 Year-0.65%
5 Year2.04%
10 Year19.18%
15 Year38.81%
Volatility
ATR(14)0.89
ATR(20)%2.74%
ATR Inc-12.09%
Range Today0.93
ADR(20)0.86
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.21
Mansfield0.96
10 Day High32.75
10 Day Low29.99
20 Day High32.75
20 Day Low29.13
52 Week High33.22
52 Week Low26.78
CS1 End31.57
CR1 Start32.35
Volume & EV
DER(3)-1.11%
DER(5)-0.32%
Volume91.00K
Volume Incr-3.24%
Vol(5)96.84K
Vol(50)111.71K