Technical Analysis for TRNS - Transcat, Inc.

Grade Last Price % Change Price Change
D 119.19 -0.41% -0.49
TRNS closed down 0.41 percent on Monday, July 1, 2024, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. 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 Up Down Flat

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Resistance Bearish -0.41%
Pocket Pivot Bullish Swing Setup -0.41%
Doji - Bearish? Reversal -0.41%
Multiple of Ten Bearish Other -0.41%
Oversold Stochastic Weakness -0.41%
Stochastic Buy Signal Bullish -0.23%
NR7 Range Contraction -0.23%

   Recent Intraday Alerts

Alert Time
Down 2 % about 7 hours ago
10 DMA Resistance about 9 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Fell Below Previous Day's Low about 10 hours ago
Gap Down Partially Closed about 11 hours ago

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Profile

Transcat, Inc. Description

Transcat, Inc. provides accredited calibration, repair, inspection, and compliance services, as well as distributes professional grade handheld test, measurement, and control instrumentation in the United States, Canada, and Internationally. The company operates through two segments, Service and Distribution. The Service segment offers calibration service on new and used instruments and repair services. It also provides compliance services that include analytical qualification, validation, and remediation services, as well as inspection and consulting services. This segment provides CalTrak and CalTrak online, which are proprietary documentation and asset management systems used to manage the workflow at calibration labs and clients' assets. The Distribution segment distributes approximately 38,000 test, measurement, and control instruments for customers' test and measurement instrumentation needs. It markets and sells its products through direct catalog marketing, Website, a field sales organization, outbound sales, and an inbound call center. The company serves pharmaceutical industry; FDA-regulated businesses, such as biotechnology and medical device manufacturing; industrial manufacturing companies; energy and power, natural gas, and water utility companies; chemical process industry; and other industries that require accuracy in their processes and confirmation of the capabilities of their equipment. Transcat, Inc. was founded in 1964 and is headquartered in Rochester, New York.


Classification

Sector: Technology
Industry: Scientific & Technical Instruments
Keywords: Biotechnology Natural Gas FDA Chemical Process Calibration Industrial Manufacturing Measurement Compliance Services Remediation Services Medical Device Manufacturing Asset Management Systems

Is TRNS 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 147.0015
52 Week Low 81.26
Average Volume 44,909
200-Day Moving Average 106.58
50-Day Moving Average 120.80
20-Day Moving Average 122.64
10-Day Moving Average 119.73
Average True Range 3.21
RSI (14) 42.86
ADX 18.5
+DI 19.09
-DI 25.96
Chandelier Exit (Long, 3 ATRs) 120.38
Chandelier Exit (Short, 3 ATRs) 126.60
Upper Bollinger Bands 129.52
Lower Bollinger Band 115.75
Percent B (%b) 0.25
BandWidth 11.23
MACD Line -1.21
MACD Signal Line -0.47
MACD Histogram -0.7406
Fundamentals Value
Market Cap 1.05 Billion
Num Shares 8.83 Million
EPS 1.31
Price-to-Earnings (P/E) Ratio 90.98
Price-to-Sales 3.97
Price-to-Book 4.55
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 123.10
Resistance 3 (R3) 122.79 121.19 122.45
Resistance 2 (R2) 121.19 120.19 121.34 122.23
Resistance 1 (R1) 120.19 119.58 119.39 120.49 122.01
Pivot Point 118.58 118.58 118.18 118.73 118.58
Support 1 (S1) 117.58 117.59 116.78 117.89 116.37
Support 2 (S2) 115.98 116.97 116.13 116.15
Support 3 (S3) 114.98 115.98 115.93
Support 4 (S4) 115.28