TRIMBLE INC (TRMB)

US8962391004 - Common Stock

71.43  +0.95 (+1.35%)

Premarket: 72.18 +0.75 (+1.05%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to TRMB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRMB is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TRMB is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, TRMB also shows a nice and consistent pattern of rising prices.
TRMB is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. TRMB outperforms 87% of them.
TRMB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
TRMB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
TRMB has an average volume of 1290920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
TRMB Weekly chart
TRMB Daily chart
Setup Rating and Analysis

7

TRMB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for TRMB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

49.51

74.09

We found 5 important support areas.

  • Support @69.67 from a horizontal line in the daily time frame.
  • A support zone ranging from 63.08 to 63.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @60.90 from a horizontal line in the weekly time frame.
  • Support @54.65 from a trend line in the weekly time frame.
  • Support @50.01 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 72.65 to 73.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.55
Mansfield1.06
10 Day High74.22
10 Day Low68.91
20 Day High74.22
20 Day Low60.33
52 Week High74.22
52 Week Low43.7
Performance
1 Week0.98%
2 Weeks-0.98%
1 Month17.95%
3 Month25.34%
6 Month25.76%
12 Month61.83%
2 Year19.55%
3 Year-16.82%
5 Year76.24%
10 Year153.93%
15 Year539.77%
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)-0.02
RSI(14)67.98
LBB62.71
UBB77.57
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
73.3769.663.71 (5.06%)19.78%
An entry @73.37. This is a Buy Stop order right above the resistance zone.An exit @69.66. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.71 points, which is 5.06%.When investing 19.78% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
TRMB Daily chart

TRIMBLE INC

NASDAQ:TRMB (11/21/2024, 8:00:01 PM)

Premarket: 72.18 +0.75 (+1.05%)

71.43

+0.95 (+1.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.35%
1 Week0.98%
2 Weeks-0.98%
1 Month17.95%
3 Month25.34%
6 Month25.76%
12 Month61.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.17
ATR(20)%2.54%
ATR Inc
Range Today1.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High74.22
10 Day Low68.91
20 Day High74.22
20 Day Low60.33
52 Week High74.22
52 Week Low43.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.64M
Volume Incr16.2%
Vol(5)1.33M
Vol(50)1.29M