US stock / ETF

Thomson Reuters Corporation

TRI · NASDAQ · USD

4 hoursBullish81%
4h Upside probability 81%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 $80.08 and reclaim $94.29.

Invalidation Trigger

Lose $80.08 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 56.1, MACD -0.062

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.63 (1.78%)

4h

EMA Structure

Bullish
EMA 8$92.11Bearish
EMA 21$90.53Bullish
EMA 50$87.71Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.1 · MACD -0.062

Momentum is strong

Strength
Range
Volatility
ATR $1.63 · BB 8.67%

Low volatility

Strength
Range
Volume
MFI 70.4 · OBV -3.94%

Relative to 20-period average volume

Strength
Range
Price Levels
$80.08 - $94.29

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.56% · 2.6 ATR above latest close

$95.92
Nearest resistance

+2.78% · 1.6 ATR above · 34-bar high

$94.29
Current price

Price shown is delayed

$91.74
Nearest support

-12.71% · 7.1 ATR below · 34-bar low

$80.08
Deeper support zone

-14.49% · 8.1 ATR below latest close

$78.45
ATR zone

Latest close ± ATR14

$90.11 - $93.37

Indicators

Trend

Dow Theory Structure

Confirmation $94.29, invalidation $89.33

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

Trend strength is moderate

20.0 / 37.0 / 33.5Bullish
Supertrend (10,3)

Price is above Supertrend

$85.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$91.13 / $85.18Bullish
Donchian Channel (20)

20-period breakout channel position

67%Bullish

Volatility

ATR (14)

Low volatility

$1.63 (1.78%)Range
Bollinger Bands (20,2)

Width 8.67%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$94.55 / $86.75Range
ATR channel lower / upper

Current Volatility Envelope

$90.11 / $93.37Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.29Range
Support

Nearest Downside Decision Level

$80.08Range

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is negative

-0.062Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.8 / 69.7Bearish
Williams %R (14)

Neutral zone

-33.2Range
CCI (20)

Balanced zone

39.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

70.4Bullish
OBV slope

20-period OBV slope

-3.94%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Trend

Dow Theory Structure

Confirmation $94.29, invalidation $89.33

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

Trend strength is moderate

20.0 / 37.0 / 33.5Bullish
Supertrend (10,3)

Price is above Supertrend

$85.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$91.13 / $85.18Bullish
Donchian Channel (20)

20-period breakout channel position

67%Bullish

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is negative

-0.062Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

66.8 / 69.7Bearish
Williams %R (14)

Neutral zone

-33.2Range
CCI (20)

Balanced zone

39.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.63 (1.78%)Range
Bollinger Bands (20,2)

Width 8.67%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$94.55 / $86.75Range
ATR channel lower / upper

Current Volatility Envelope

$90.11 / $93.37Range

Volume / Money Flow

MFI (14)

Money flow is strong

70.4Bullish
OBV slope

20-period OBV slope

-3.94%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.29Range
Support

Nearest Downside Decision Level

$80.08Range

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