TRIMBLE INC (TRMB)

US8962391004 - Common Stock

71.64  +0.9 (+1.27%)

After market: 70.33 -1.31 (-1.83%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to TRMB. Both in the recent history as in the last year, TRMB has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month TRMB has a been trading in the 70.05 - 76.97 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, TRMB did better than 89% of all other stocks.
TRMB is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 78% of 127 stocks in the same industry.
TRMB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TRMB is performing more or less in line with the market.
TRMB has an average volume of 1273110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
TRMB Weekly chart
TRMB Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, TRMB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 71.63, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

49.51

76.15

We found 4 important support areas.

  • A support zone ranging from 70.69 to 71.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @66.53 from a trend line in the daily time frame.
  • Support @55.60 from a trend line in the weekly time frame.
  • Support @50.01 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 74.86 to 75.40. 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
CRS89.09
Mansfield1.02
10 Day High75.79
10 Day Low70.05
20 Day High76.97
20 Day Low70.05
52 Week High76.97
52 Week Low48.6
Performance
1 Week-2.65%
2 Weeks-4.3%
1 Month0.29%
3 Month22.32%
6 Month27.61%
12 Month36.61%
2 Year41.69%
3 Year-17.83%
5 Year71.84%
10 Year169.93%
15 Year468.57%
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)-0.74
RSI(14)49.41
LBB70.6
UBB76.66
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
73.1570.682.47 (3.37%)25.00%
An entry @73.15. This is a Buy Stop order right above the 10 day moving average.An exit @70.68. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.47 points, which is 3.37%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%.

  • The distance between exit and entry is rather small compared to the average daily movement of TRMB. Please evaluate whether better entry and exit points can be found.
  • 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 (12/20/2024, 8:00:01 PM)

After market: 70.33 -1.31 (-1.83%)

71.64

+0.9 (+1.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.27%
1 Week-2.65%
2 Weeks-4.3%
1 Month0.29%
3 Month22.32%
6 Month27.61%
12 Month36.61%
2 Year41.69%
3 Year-17.83%
5 Year71.84%
10 Year169.93%
15 Year468.57%
Volatility
ATR(14)1.8
ATR(20)%2.24%
ATR Inc-10.59%
Range Today2.05
ADR(20)1.55
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.09
Mansfield1.02
10 Day High75.79
10 Day Low70.05
20 Day High76.97
20 Day Low70.05
52 Week High76.97
52 Week Low48.6
CS1 End71.63
CR1 Start74.86
Volume & EV
DER(3)-3%
DER(5)-1.72%
Volume3.45M
Volume Incr35.96%
Vol(5)1.82M
Vol(50)1.27M