TRNS Stock Transcat (TRNS, $90.39) RSI Indicator left the overbought zone on May 21, 2025
at Tickeron.com
TRNS's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Indicator for TRNS moved out of overbought territory on May 21, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 instances where the indicator moved out of the overbought zone. In of the 35 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TRNS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TRNS broke above its upper Bollinger Band on May 20, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 15, 2025. You may want to consider a long position or call options on TRNS as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for TRNS just turned positive on May 20, 2025. Looking at past instances where TRNS's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
TRNS moved above its 50-day moving average on May 08, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TRNS advanced for three days, in of 345 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 248 cases where TRNS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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