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THOMSON REUTERS CORP
THOMSON REUTERS CORP
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TRI
ISIN: CA8849031056

THOMSON REUTERS CORP - Daily - Technical analysis published on 09/24/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : NEUTRAL

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Slightly bullish
Technical indicators
17%
50%
33%
My opinion
Neutral between 64.89 USD and 70.41 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on THOMSON REUTERS CORP. It is difficult to advise a trading direction under these conditions. The first resistance is located at 70.41 USD. The first support is located at 64.89 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The THOMSON REUTERS CORP price is 67.32 USD. The price registered an increase of +0.51% on the session and was between 66.97 USD and 67.35 USD. This implies that the price is at +0.52% from its lowest and at -0.04% from its highest.

66.97
67.35
67.32

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this THOMSON REUTERS CORP chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD indicator is back under 0

Type : Bearish

Timeframe : Daily


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 52.91 59.60 64.89 67.32 70.41
Change (%) -21.41% -11.47% -3.61% - +4.59%
Change -14.41 -7.72 -2.43 - +3.09
Level Major Minor Intermediate - Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard64.6565.6166.1867.1367.7068.6669.23
Camarilla66.3366.4766.6166.7566.8967.0367.17
Woodie64.4665.5165.9967.0467.5168.5669.04
Fibonacci65.6166.1966.5567.1367.7168.0768.66


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard63.7264.8665.8166.9567.8969.0369.98
Camarilla66.1866.3766.5666.7566.9467.1367.32
Woodie63.6264.8165.7166.9067.7968.9869.88
Fibonacci64.8665.6666.1566.9567.7468.2369.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard60.5162.3365.5067.3270.5072.3275.49
Camarilla67.3167.7768.2268.6869.1469.6070.05
Woodie61.1962.6766.1867.6671.1872.6576.17
Fibonacci62.3364.2465.4167.3269.2370.4172.32

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.13
MACD (12,26,9): -0.0700
Directional Movement: -2.89
AROON (14): -21.43
DEMA (21): 67.56
Parabolic SAR (0,02-0,02-0,2): 69.70
Elder Ray (13): -0.67
Super Trend (3,10): 70.49
Zig ZAG (10): 66.98
VORTEX (21): 0.9200
Stochastique (14,3,5): 23.46
TEMA (21): 67.19
Williams %R (14): -78.61
Chande Momentum Oscillator (20): -3.68
Repulse (5,40,3): -0.2000
ROCnROLL: -1
TRIX (15,9): 0.0400
Courbe Coppock: 3.97
MA7: 67.10
MA20: 67.95
MA50: 67.43
MA100: 65.89
MAexp7: 67.22
MAexp20: 67.53
MAexp50: 67.02
MAexp100: 65.01
Price / MA7: +0.33%
Price / MA20: -0.93%
Price / MA50: -0.16%
Price / MA100: +2.17%
Price / MAexp7: +0.15%
Price / MAexp20: -0.31%
Price / MAexp50: +0.45%
Price / MAexp100: +3.55%

News


The latest news and videos published on THOMSON REUTERS CORP at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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