TRFM in upward trend: price rose above 50-day moving average on January 02, 2025
TRFM moved above its 50-day moving average on January 02, 2025 date and that indicates a change from a downward trend to an upward trend. In of 22 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on TRFM as a result. In of 32 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TRFM advanced for three days, in of 168 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 34 cases where TRFM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TRFM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TRFM entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Technology
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| CLWFX | 77.60 | 0.82 | +1.07% |
| Columbia Large Cap Growth Inst2 | |||
| MXTFX | 6.98 | 0.03 | +0.43% |
| Empower Small Cap Value Instl | |||
| OTCRX | 14.97 | 0.06 | +0.40% |
| Otter Creek Long/Short Opportunity Inv | |||
| EILVX | 26.21 | 0.08 | +0.31% |
| Eaton Vance Large-Cap Value I | |||
| PAILX | 7.95 | -0.01 | -0.13% |
| PGIM Jennison Intl Sm-Md Cap Opps C | |||
TRFM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TRFM has been closely correlated with CHAT. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if TRFM jumps, then CHAT could also see price increases.
| Ticker / NAME | Correlation To TRFM | 1D Price Change % | ||
|---|---|---|---|---|
| TRFM | 100% | +0.91% | ||
| CHAT - TRFM | 90% Closely correlated | +1.61% | ||
| CIBR - TRFM | 83% Closely correlated | +0.05% | ||
| WUCT - TRFM | 42% Loosely correlated | N/A | ||
| VGT - TRFM | 5% Poorly correlated | +1.51% | ||
| XLK - TRFM | 5% Poorly correlated | +1.57% | ||
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