US stock / ETF

Thomson Reuters Corporation

TRI · NASDAQ · USD

1 hourBullish92%
1h Upside probability 92%Bullish

TRI 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $111.55 and reclaim $123.94.

Invalidation Trigger

Lose $111.55 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 66.0, MACD -0.304

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.01 (0.82%)

1h

EMA Structure

Bullish
EMA 8$122.7Bullish
EMA 21$120.86Bullish
EMA 50$116.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 66.0 · MACD -0.304

Momentum is strong

Strength
Bullish
Volatility
ATR $1.01 · BB 8.58%

Low volatility

Strength
Bullish
Volume
MFI 78.0 · OBV 12.77%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$111.55 - $123.94

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.45% · 1.8 ATR above latest close

$124.95
Nearest resistance

+0.63% · 0.8 ATR above · 34-bar high

$123.94
Current price

Price shown is delayed

$123.17
Nearest support

-9.43% · 11.5 ATR below · 34-bar low

$111.55
Deeper support zone

-10.26% · 12.5 ATR below latest close

$110.54
ATR zone

Latest close ± ATR14

$122.16 - $124.18

Indicators

Trend

Dow Theory Structure

Confirmation $123.39, invalidation $121.93

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

54.6 / 19.6 / 27.5Bearish
Supertrend (10,3)

Price is above Supertrend

$120.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.7 / $113.42Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Volatility

ATR (14)

Low volatility

$1.01 (0.82%)Bullish
Bollinger Bands (20,2)

Width 8.58%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$123.12 / $118.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$122.16 / $124.18Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$123.94Range
Support

Nearest Downside Decision Level

$111.55Range

Momentum

RSI (14)

Momentum is strong

66.0Bullish
MACD (12,26,9)

Histogram is negative

-0.304Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.3 / 73.3Bullish
Williams %R (14)

Neutral zone

-24.7Range
CCI (20)

Balanced zone

58.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

78.0Bullish
OBV slope

20-period OBV slope

12.77%Bullish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Trend

Dow Theory Structure

Confirmation $123.39, invalidation $121.93

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

54.6 / 19.6 / 27.5Bearish
Supertrend (10,3)

Price is above Supertrend

$120.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.7 / $113.42Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Momentum

RSI (14)

Momentum is strong

66.0Bullish
MACD (12,26,9)

Histogram is negative

-0.304Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.3 / 73.3Bullish
Williams %R (14)

Neutral zone

-24.7Range
CCI (20)

Balanced zone

58.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.01 (0.82%)Bullish
Bollinger Bands (20,2)

Width 8.58%

66%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$123.12 / $118.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$122.16 / $124.18Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

78.0Bullish
OBV slope

20-period OBV slope

12.77%Bullish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$123.94Range
Support

Nearest Downside Decision Level

$111.55Range

Related Forecasts