US stock / ETF

Thomson Reuters Corporation

TRI · NASDAQ · USD

4 hoursBullish61%
4h Upside probability 61%Bullish

TRI 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $84.66 and reclaim $108.29.

Invalidation Trigger

Lose $84.66 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 56.9, MACD -0.341

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.21 (2.17%)

4h

EMA Structure

Bullish
EMA 8$100.65Bullish
EMA 21$99.63Bullish
EMA 50$96.61Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.9 · MACD -0.341

Momentum is strong

Strength
Range
Volatility
ATR $2.21 · BB 12.28%

Low volatility

Strength
Range
Volume
MFI 46.7 · OBV 0.95%

Relative to 20-period average volume

Strength
Range
Price Levels
$84.66 - $108.29

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.74% · 4.0 ATR above latest close

$110.5
Nearest resistance

+6.57% · 3.0 ATR above · 34-bar high

$108.29
Current price

Price shown is delayed

$101.61
Nearest support

-16.68% · 7.7 ATR below · 34-bar low

$84.66
Deeper support zone

-18.85% · 8.7 ATR below latest close

$82.46
ATR zone

Latest close ± ATR14

$99.41 - $103.82

Indicators

Trend

Dow Theory Structure

Confirmation $95.77, invalidation $103.04

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

Trend strength is active

40.7 / 20.3 / 43.8Bearish
Supertrend (10,3)

Price is above Supertrend

$95.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$98.18 / $96.48Bullish
Donchian Channel (20)

20-period breakout channel position

47%Bullish

Volatility

ATR (14)

Low volatility

$2.21 (2.17%)Range
Bollinger Bands (20,2)

Width 12.28%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$103.72 / $95.75Range
ATR channel lower / upper

Current Volatility Envelope

$99.41 / $103.82Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$108.29Range
Support

Nearest Downside Decision Level

$84.66Range

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-0.341Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.6 / 47.9Bearish
Williams %R (14)

Neutral zone

-53.4Range
CCI (20)

Balanced zone

4.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

0.95%Bullish
Volume ratio

Relative to 20-period average volume

0.94xRange

Trend

Dow Theory Structure

Confirmation $95.77, invalidation $103.04

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

Trend strength is active

40.7 / 20.3 / 43.8Bearish
Supertrend (10,3)

Price is above Supertrend

$95.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$98.18 / $96.48Bullish
Donchian Channel (20)

20-period breakout channel position

47%Bullish

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-0.341Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.6 / 47.9Bearish
Williams %R (14)

Neutral zone

-53.4Range
CCI (20)

Balanced zone

4.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$2.21 (2.17%)Range
Bollinger Bands (20,2)

Width 12.28%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$103.72 / $95.75Range
ATR channel lower / upper

Current Volatility Envelope

$99.41 / $103.82Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

0.95%Bullish
Volume ratio

Relative to 20-period average volume

0.94xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$108.29Range
Support

Nearest Downside Decision Level

$84.66Range

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