US stock / ETF

Thomson Reuters Corporation

TRI · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

TRI 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $99.54 and stabilize above resistance $115.

Invalidation Trigger

Break above $115 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 37.1, MACD -0.080

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.18 (1.21%)

4h

EMA Structure

Bearish
EMA 8$97.23Bearish
EMA 21$99.54Bearish
EMA 50$101.89Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.1 · MACD -0.080

Momentum is weak

Strength
Bearish
Volatility
ATR $1.18 · BB 17.38%

Low volatility

Strength
Bullish
Volume
MFI 27.4 · OBV -15.03%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$95 - $115

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.77% · 16.3 ATR above latest close

$116.18
Nearest resistance

+18.56% · 15.3 ATR above · 34-bar high

$115
Current price

Price shown is delayed

$97
Nearest support

-2.06% · 1.7 ATR below · 34-bar low

$95
Deeper support zone

-3.27% · 2.7 ATR below latest close

$93.82
ATR zone

Latest close ± ATR14

$95.82 - $98.18

Indicators

Trend

Dow Theory Structure

Confirmation $95, invalidation $98.91

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

48.8 / 16.5 / 39.0Bearish
Supertrend (10,3)

Price is above Supertrend

$93.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100.98 / $105Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

Low volatility

$1.18 (1.21%)Bullish
Bollinger Bands (20,2)

Width 17.38%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$101.7 / $97.06Bullish
ATR channel lower / upper

Current Volatility Envelope

$95.82 / $98.18Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$115Range
Support

Nearest Downside Decision Level

$95Range

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.080Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.3 / 27.9Bullish
Williams %R (14)

Neutral zone

-61.7Range
CCI (20)

Balanced zone

-52.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.4Bearish
OBV slope

20-period OBV slope

-15.03%Bearish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Trend

Dow Theory Structure

Confirmation $95, invalidation $98.91

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

48.8 / 16.5 / 39.0Bearish
Supertrend (10,3)

Price is above Supertrend

$93.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100.98 / $105Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.080Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.3 / 27.9Bullish
Williams %R (14)

Neutral zone

-61.7Range
CCI (20)

Balanced zone

-52.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.18 (1.21%)Bullish
Bollinger Bands (20,2)

Width 17.38%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$101.7 / $97.06Bullish
ATR channel lower / upper

Current Volatility Envelope

$95.82 / $98.18Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.4Bearish
OBV slope

20-period OBV slope

-15.03%Bearish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$115Range
Support

Nearest Downside Decision Level

$95Range

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