TRUECAR INC (TRUE) Stock Technical Analysis
NASDAQ:TRUE - Nasdaq - US89785L1070 - Common Stock - Currency: USD
Overall TRUE gets a technical rating of 0 out of 10. TRUE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than TRUE.
TRUE is part of the Interactive Media & Services industry. There are 71 other stocks in this industry, of which 78% are performing better than TRUE.
TRUE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TRUE has a been trading in the 2.48 - 3.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of TRUE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.48
2.55
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.50 to 2.52. 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
CRS8.89
Mansfield-3.03
10 Day High3.49
10 Day Low2.48
20 Day High3.83
20 Day Low2.48
52 Week High4.62
52 Week Low2.48
Performance
1 Week-25.74%
2 Weeks-25.96%
1 Month-29.1%
3 Month-40.66%
6 Month-11.62%
12 Month-23.48%
2 Year7.73%
3 Year-24.85%
5 Year-4.56%
10 Year-87.39%
15 YearN/A
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)-0.08
RSI(14)22.57
LBB2.61
UBB3.84
2.5
-0.17 (-6.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-6.37%
1 Week-25.74%
2 Weeks-25.96%
1 Month-29.1%
3 Month-40.66%
6 Month-11.62%
12 Month-23.48%
2 Year7.73%
3 Year-24.85%
5 Year-4.56%
10 Year-87.39%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%7.88%
ATR Inc8.21%
Range Today0.18
ADR(20)0.18
ADR(20)%7.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.89
Mansfield-3.03
10 Day High3.49
10 Day Low2.48
20 Day High3.83
20 Day Low2.48
52 Week High4.62
52 Week Low2.48
CS1 EndN/A
CR1 Start2.5
Volume & EV
DER(3)-4.1%
DER(5)-2.41%
Volume499.55K
Volume Incr205.68%
Vol(5)731.25K
Vol(50)266.83K