TRINSEO PLC (TSE) Stock Technical Analysis
NYSE:TSE - New York Stock Exchange, Inc. - IE0000QBK8U7 - Common Stock - Currency: USD
Taking everything into account, TSE scores 1 out of 10 in our technical rating. TSE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
TSE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
TSE is one of the better performing stocks in the Chemicals industry, it outperforms 75% of 84 stocks in the same industry.
When comparing the performance of all stocks over the past year, TSE turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
In the last month TSE has a been trading in the 2.71 - 4.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
TSE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
2.86
6.60
When analyzing the support we can see 2 important areas.
- Support @3.15 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.89 to 2.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
7 important resistance areas can be observed.
- Resistance @3.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.30 to 4.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.01 from a trend line in the weekly time frame.
- Resistance @5.31 from a trend line in the daily time frame.
- Resistance @5.51 from a horizontal line in the weekly time frame.
- Resistance @6.24 from a trend line in the daily time frame.
- Resistance @6.53 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.64
Mansfield-1.07
10 Day High3.56
10 Day Low2.71
20 Day High4.32
20 Day Low2.71
52 Week High7.05
52 Week Low1.94
Performance
1 Week-0.6%
2 Weeks-11.53%
1 Month-18.11%
3 Month-24.14%
6 Month-40.75%
12 Month19.57%
2 Year-81.79%
3 Year-93.05%
5 Year-83.86%
10 Year-85.51%
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)0.02
RSI(14)39.5
LBB2.88
UBB3.92
3.3
-0.01 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.3%
1 Week-0.6%
2 Weeks-11.53%
1 Month-18.11%
3 Month-24.14%
6 Month-40.75%
12 Month19.57%
2 Year-81.79%
3 Year-93.05%
5 Year-83.86%
10 Year-85.51%
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%10.42%
ATR Inc-58.01%
Range Today0.17
ADR(20)0.32
ADR(20)%9.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.64
Mansfield-1.07
10 Day High3.56
10 Day Low2.71
20 Day High4.32
20 Day Low2.71
52 Week High7.05
52 Week Low1.94
CS1 End3.15
CR1 Start3.4
Volume & EV
DER(3)-0.68%
DER(5)-1.16%
Volume150.00K
Volume Incr-54.86%
Vol(5)181.46K
Vol(50)336.50K