Technical analysis from Tronc Inc (TRNC, NASDAQ:TRNC) on the NASDAQ Stock Exchange (NASDAQ). Download the latest price data & trading signals

Tronc Inc
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Opening Price /
Recent trading for Tronc Inc has opened 1.2 % lower than previous session

[BEARISH]: Tronc Inc opening price has gapped down. Currently, the OPEN is $18.7600 (1.2 %).

Weighted Moving Average /
Price continues to trade below the Weighted Moving Average(5) for TRNC

[BEARISH]: Tronc Inc currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.9%.

Simple Moving Average /
Price continues to trade below the Simple Moving Average(5) for TRNC

TRNC: SMA(5) Current Signal -> (1) 26 Apr: BULLISH (2) 25 Apr: BULLISH (3) 24 Apr: BULLISH

Accumulation / Distribution /
Tronc Inc: Current trading activity signals accumulation is present

[BULLISH]: Tronc Inc current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 437384.0000. day.

Volume /
Recent trading for Tronc Inc fell short of the previous volume by -31.1

[BEARISH]: Tronc Inc current volume downtrend in the first timeframe. Volume for TRNC is57649 (-31.1).

Ease of Movement /
Tronc Inc was easily moved downward on low volume in recent trading [Bearish]

TRNC: EOM Current Signal -> (1) 26 Apr: BEARISH EASY (2) 25 Apr: BEARISH EASY (3) 24 Apr: BEARISH EASY

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Moving Average Envelope /
Tronc Inc is still oversold with the Lower Envelope Band @$16.8625

[BULLISH]: Tronc Inc current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 16.8625.

Closing Price /
Close for TRNC has not surpassed the close of the previous trading session

[BEARISH]: Tronc Inc current downtrend in the first timeframe. Currently, the Close is $18.6300.

Detrended Price Oscillator /
Tronc Inc: Detrended Price Oscillator(20) (2.4060)

[BULLISH]: Tronc Inc currently has a confirmed uptrend. Price is currently above the displaced moving average for TRNCCurrently, the return on DPO20 is -0.9%.

Average True Range /
Daily bar has confirmed has confirmed an ATR uptrend is intact for TRNC

TRNC: Average True Range Recent Trading -> (1) 26 Apr: 0.7590 (2) 25 Apr: 0.7270 (3) 24 Apr: 0.7500

Daily Volume Index /
Traders are currently accumulating Tronc Inc

TRNC: DVI Current Signal -> (1) 26 Apr: BULLISH (2) 25 Apr: BULLISH (3) 24 Apr: BULLISH

Open Tod Vs Close Tod /
Tronc Inc: Over the last month there has been 1 trading days giving a confirmation ratio of 5.3%.

[BULLISH]: Tronc Inc opened in the upper part of daily range at 93.200000000000000% & closed in the upper part of the trading range at 82.100000000000000%. This suggests the sellers have lost control. Over the last 12 months there has been 23 trading days with the opening price in the upper shadow & the closing the price in the upper shadow giving a confirmation ratio of 8.7%. Over the last month there has been 1 trading days with the opening price in the upper price range & the closing the price in the upper price range giving a confirmation ratio of 5.3%.

Aroon Oscillator /
TRNC: Aroon oscillator has confirmed an uptrend @32.0000

[BULLISH]: Tronc Inc has a current ARO(25) of 32.0000. This has change -48.0000 points from yesterday.

Average Directional Movement /
TRNC: Average Directional Index has confirmed a strong trend @27.5900

[Trend]: ADX for TRNC has confirmed a strong trend is presentTronc Inc has an ATR(14) of 0.7590, a DX of 10.5100 & an ADX(14) of 27.5900

Short Trend /
Tronc Inc: Daily Downtrend remains intact

[BEARISH]: Tronc Inc is in a downtrend in the short term timeframe. The current rally number is 5 & the highest rally count for the LTM is 5

Medium Trend /
Tronc Inc: Uptrend for the medium term trend is continued

[BULLISH]: Tronc Inc has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 9 2018.

High Price /
Tronc Inc: Daily high performance is -0.1 % [Downtrend]

TRNC: HIGH Current Signal -> (1) 26 Apr: BEARISH (2) 25 Apr: BEARISH (3) 24 Apr: BEARISH

Close Tod Vs Close Yest /
The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -26%

TRNC: Recent performance signals ->(1) 26 Apr: NEUTRAL (2) 25 Apr: BULLISH (3) 24 Apr: NEUTRAL

MACD Volume /
Tronc Inc: Volume MACD @-34369.0000 [Bearish]

[BEARISH]: Tronc Inc currently has negative Volume MACD of -34369.0000. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Sine Weighted Moving Average /
Price continues to trade below the Sine Weighted Moving Average(5) for TRNC

TRNC: SWMA Current Signal -> (1) 26 Apr: BULLISH (2) 25 Apr: BULLISH (3) 24 Apr: BULLISH

Elder Ray Index /
[Bullish]: Recent trading has driven price above the consensus of value for TRNC

[BULLISH]: Tronc IncElder Ray Index is signalling a Bullish movementERI is 0.4620 indicating bull power. Prices are being driven above the consensus of value for TRNC during the last trading session [Buying Pressure]

Chaikin Money Flow /
CMF showing buying pressure & potential change in direction for TRNC

[BULLISH]: Tronc Inc current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.1500. TRNC received a confirmed CMF crossover days on the Apr 6 2018.The bullish signal has been active for 2 days. During the quarter, the highest CMF value was 0.21 occurring on the Apr 6 2018.

Momentum /
5-day momentum is decreasing for Tronc Inc

[BEARISH]: Tronc Inc currently has negative momentum of -0.8400 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.9000%.The largest downward momentum rally for the last 3 months is 4 days producing a return of -3.2%%.

Exponential Moving Average /
The EMA trend following signal is still current for Tronc Inc [Bearish]

[BEARISH]: Tronc Inc currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.9%.

Rate of Change /
14-day rate of change is increasing for Tronc Inc

[BULLISH]: Tronc Inc currently has positive rate of change of 16.8000%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Bill Williams Market Facilitation /
Trend continuation possible for TRNC from reduced trading activity

TRNC: BWMF Current Signal -> (1) 26 Apr: Fake Day (2) 25 Apr: Squat Day (3) 24 Apr: Fake Day

Woodie Pivot Point /
Woodie pivot point for TRNC is bearish. Stoploss should be positioned @$19.6130

Tronc Inc has broken the first Woodie support point ($18.0460) [Bearish]. Look for a short limit order entry near this point. Exit price for TRNC should be set @$17.2730 & short position stoploss for Tronc Inc should be set at $19.6130

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