NYSE:TRNO - New York Stock Exchange, Inc. - US88146M1018 - REIT - Currency: USD
Overall TRNO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, TRNO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, TRNO also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 67.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TRNO in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
56.83
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
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 |
---|---|---|---|
67.60 | 66.47 | 1.13 (1.67%) | 25.00% |
An entry @67.60. This is a Buy Stop order right above the resistance zone. | An exit @66.47. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.13 points, which is 1.67%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
67.37
-0.45 (-0.66%)