TRNC | NASDAQ Stock Exchange

Tronc Inc
+ Share

Closing Price /
Weaker price performance from TRNC has seen a lower close of -1.4 % [Downtrend]

[BEARISH]: Tronc Inc current downtrend in the first timeframe. Currently, the Close is $16.45.

Average Directional Movement /
Tronc Inc has signalled an Average Directional Index weak trend present

[Weak Trend]: ADX for TRNC has confirmed a weak trend is present. Tronc Inc has an ATR(14) of 0.534, a DX of 35.22 & an ADX(14) of 15.26

Momentum /
5-day momentum is decreasing for Tronc Inc

[BEARISH]: Tronc Inc currently has negative momentum of -0.86 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -1.4%.The largest downward momentum rally for the last 3 months is 8 days producing a return of -6.4%.

Demarks Pivot Points /
Tronc Inc: Look for a long limit order entry @$16.485

Tronc Inc has broken the first DeMark resistance point ($16.4850) [Bullish]. Look for a long limit order entry near this point. Exit price for TRNC should be set @$16.74 & Stoploss for Tronc Inc should be set at $15.94

MACD Volume /
Tronc Inc: Volume MACD @2478 [Bullish]

[BULLISH]: Tronc Inc currently has positive Volume MACD of 2478. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Accumulation / Distribution /
Tronc Inc is being actively distributed

[BEARISH]: Tronc Inc current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -346693.

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Percentage Volume /
Tronc Inc: Percentage Volume Oscillator (-17.19)

[BEARISH]: Tronc Inc currently has negative PVO -17.19%. The recent volume is losing momentum through a fall on the short term exponential moving average.

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

[BEARISH]: Tronc Inc currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.4%.

Woodie Pivot Point /
Tronc Inc has broken the first Woodie resistance point ($16.85) [Bullish]

Tronc Inc has broken the first Woodie resistance point ($16.85) [Bullish]. Look for a long limit order entry near this point. Exit price for TRNC should be set @$17.34 & Stoploss for Tronc Inc should be set at $15.74

Fibonacci Fans /
Limit order for a short position has been identified for Tronc Inc @$16.35)

Tronc Inc has moved below the 61.8% retracement level ($16.35) [Bearish]. Look for a short limit order entry near this point. Exit price for TRNC should be set @$13.72 & short position stoploss for Tronc Inc should be set between $14.37

Stochastic Oscillator /
Stochastic Oversold signal is still current for Tronc Inc [Bullish]

TRNC: Stochastic Oscillator Signal -> (1) 19 Jul: BULLISH (2) 18 Jul: BULLISH (3) 17 Jul: BULLISH

MACD /
MACD for Tronc Inc continues to lose momentum @-0.1889

[BEARISH]: Tronc Inc currently has negative MACD of -0.1889. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -4.9%.

Long Black Candle /
TRNC Basic Candle: Long Black

[BEARISH]: Tronc Inc has formed a Long Black candlestick. This means, TRNC has traded with strong selling pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Pivot Points /
[Long]: Limit orders for Tronc Inc should be set at $16.91

Tronc Inc has broken the first resistance point ($16.91) [Bullish]. Look for a long limit order entry near this point. Exit price for TRNC should be set @$17.37 & Stoploss for Tronc Inc should be set between $15.77 & $15.31

Opening Price /
Weak opening from TRNC has seen an decrease of -1.5 % [Downtrend]

[BEARISH]: Tronc Inc opening price has gapped down. Currently, the OPEN is $16.68 (-1.5 %).

Volume Rate of Change /
Tronc Inc: Volume rate of Change (14) Crossover

[BEARISH CROSSOVER]: Tronc Inc currently has negative rate of change of -35%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.4%.

Volume /
Volume for TRNC has not surpassed the volume of the previous trading session

[BEARISH]: Tronc Inc current volume downtrend in the first timeframe. Volume for TRNC is 53031 (-45.2).

Close Tod Vs Range Tod /
Tronc Inc: Sellers are in control at the market close.

[BEARISH]: Tronc Inc sellers in control. There has been 3 consecutive days of prices closing in the lower part of the trading range for Tronc Inc adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 99 trading days with the closing price in the lower part of the range giving a confirmation ratio of 37.6%. Over the last month there has been 6 trading days with the closing price in the lower range giving a confirmation ratio of 46.2%. Currently this quarter, closing price has spent 6 days in the lower price range compared to 3 days in the upper range giving a ratio of 2x.

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

TRNC: ROC Recent Trading -> (1) 19 Jul: -5.839 (2) 18 Jul: -3.134 (3) 17 Jul: -2.805

Low Price /
Weaker price performance from TRNC has seen a lower low of -2.1 % [Downtrend]

[BULLISH]: Tronc Inc current downtrend in the first timeframe. Currently, the Low is $16.23 (-2.1 %).

On Balance Volume /
Tronc Inc is being actively distributed based on OBV

[BEARISH]: Tronc Inc current price has highlighted recent distribution. Currently, the OBV is -218929.

Daily Volume Index /
DVI: Distribution still active for Tronc Inc

[BEARISH]: Tronc Inc current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -274.

Ulcer Index /
Ulcer index has increased as the price has fallen for Tronc Inc

[BULLISH]: Tronc Inc UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.424.

Detrended Price Oscillator /
Tronc Inc: Detrended Price Oscillator(20) is -1.004

[BEARISH]: Tronc Inc currently has a confirmed downtrend. Price is currently below the displaced moving average for TRNC. Currently, the return on DPO20 is -1.4%.

Ease of Movement /
Price dipped caused by low volume trading for Tronc Inc during last trading session

TRNC: EOM Current Signal -> (1) 19 Jul: BEARISH EASY (2) 18 Jul: BEARISH EASY (3) 17 Jul: BULLISH EASY

Average True Range /
Average True Range for Tronc Inc has signalled an uptrend is active

[Bullish]: Average True Range has confirmed an uptrend is present. Tronc Inc has a TR of 0.8, and an ATR(14) of 0.534.

Moving Average Envelope /
Oversold signal continues for Tronc Inc indicating upward price movement is likely

[BEARISH]: Tronc Inc current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 18.1335.

Open Tod Vs Close Tod /
Tronc Inc opened in the middle part of daily range at 56.3% & closed in the lower part of the trading range at 27.5%. This suggests the sellers have taken control.

[BEARISH]: Tronc Inc opened in the middle part of daily range at 56.3% & closed in the lower part of the trading range at 27.5%. This suggests the sellers have taken control. Over the last 12 months there has been 35 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 13.3%. Over the last month there has been 1 trading days with the opening price in the middle price range & the closing the price in the lower price range giving a confirmation ratio of 7.7%.

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