Technical Analysis for TRI - Thomson Reuters Corp

Grade Last Price % Change Price Change
D 161.15 -0.35% -0.56
TRI closed down 0.35 percent on Monday, November 18, 2024, on 62 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 8 hours ago
Rose Above Lower Bollinger Band about 13 hours ago
Fell Below Previous Day's Low about 13 hours ago
Down 2 % 3 days ago
Down 1 ATR 3 days ago

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Profile

Thomson Reuters Corp Description

Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. It sells electronic content and services to professionals, primarily on a subscription basis. The company operates in four segments: Financial & Risk, Legal, Tax & Accounting, and Intellectual Property & Science. The Financial & Risk segment offers critical news, information, and analytics; enables transactions; and brings together communities that allow trading, investing, financial, and corporate professionals to connect. This segment also provides regulatory and operational risk management solutions. The Legal segment provides online and print information, decision support tools, and software and services to support legal, investigation, business, and government professionals. This segment's products and services include legal research solutions, software-based workflow solutions, compliance solutions, marketing, finance and operations software, business development, and legal process outsourcing services. The Tax & Accounting segment offers integrated tax compliance and accounting information, software, and services for professionals in accounting firms, corporations, law firms, and government. The Intellectual Property & Science segment provides intellectual property and scientific information, and decision support tools and services that enable governments, academia, publishers, corporations, and law firms to discover, develop, and deliver innovations. Thomson Reuters Corporation also manages Reuters, an international news agency, which provides real-time, multimedia news and information services to newspapers, television and cable networks, radio stations, and Websites worldwide. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. Thomson Reuters Corporation was incorporated in 1977 and is headquartered in New York, New York.


Classification

Sector: Financial Services
Industry: Capital Markets
Keywords: Business Development S&P/Tsx 60 Index Compliance Solutions Law Firms Newspaper Workflow Solutions Cable Network Risk Management Solutions Decision Support Tool

Is TRI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 176.03
52 Week Low 136.5661
Average Volume 257,520
200-Day Moving Average 163.36
50-Day Moving Average 168.26
20-Day Moving Average 166.33
10-Day Moving Average 166.89
Average True Range 2.75
RSI (14) 36.71
ADX 19.68
+DI 17.50
-DI 30.51
Chandelier Exit (Long, 3 ATRs) 165.32
Chandelier Exit (Short, 3 ATRs) 168.87
Upper Bollinger Bands 171.22
Lower Bollinger Band 161.44
Percent B (%b) -0.03
BandWidth 5.88
MACD Line -0.91
MACD Signal Line -0.37
MACD Histogram -0.5398
Fundamentals Value
Market Cap 72.9 Billion
Num Shares 452 Million
EPS 5.69
Price-to-Earnings (P/E) Ratio 28.32
Price-to-Sales 10.56
Price-to-Book 6.49
PEG Ratio 3.27
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 163.54
Resistance 3 (R3) 163.63 162.92 163.14
Resistance 2 (R2) 162.92 162.32 162.88 163.00
Resistance 1 (R1) 162.04 161.94 162.48 161.95 162.87
Pivot Point 161.33 161.33 161.56 161.29 161.33
Support 1 (S1) 160.45 160.73 160.89 160.36 159.43
Support 2 (S2) 159.74 160.35 159.70 159.30
Support 3 (S3) 158.86 159.74 159.16
Support 4 (S4) 158.77