TRIMBLE INC (TRMB) Stock Technical Analysis
USA - NASDAQ:TRMB - US8962391004 - Common Stock
We assign a technical rating of 2 out of 10 to TRMB. TRMB 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.
TRMB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 78.46, a Stop Loss order could be placed below this zone.
More info and screens
60.89
We found 3 important support areas.
- A support zone ranging from 78.35 to 78.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 75.63 to 75.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 79.08 to 80.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @82.85 from a horizontal line in the daily time frame.
- A resistance zone ranging from 85.24 to 85.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TRMB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRMB is down. |
| ChartMill Relative Strength | 49.41 | NEUTRAL | TRMB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRMB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRMB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRMB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.46 | NEUTRAL | The RSI value for TRMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TRMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.41 | NEUTRAL | The Stochastics value for TRMB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.22 | NEGATIVE | The low ADX value for TRMB suggests a weak or negative trend. |
78.6
-0.97 (-1.22%)
TRIMBLE INC / TRMB FAQ
Can you provide the ChartMill technical rating for TRIMBLE INC?
ChartMill assigns a technical rating of 2 / 10 to TRMB.
What is the current trend direction of TRIMBLE INC (TRMB) stock?
The current trend direction for TRIMBLE INC (TRMB) is Bullish.
What is the RSI signal for TRMB stock?
TRIMBLE INC (TRMB) has an RSI value of 45.464. This indicates that the stock is currently neutral.
What is the MACD signal for TRMB stock?
The MACD indicator for TRIMBLE INC (TRMB) has a value of 0.0300181, indicating a bearish trend.
What is the support and resistance level for TRMB stock?
TRIMBLE INC (TRMB) has a support level at 78.46 and a resistance level at 79.08. Check the full technical report for our detailed analysis of TRMB support and resistance levels.