US stock / ETF

Thomson Reuters Corporation

TRI · NASDAQ · USD

4 hoursRange48%
4h Range probability 96%Range

TRI 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $76.4 - $94.07 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 49.4, MACD 0.365

4h
Volatility EnvironmentRange
Medium volatility

ATR is $2.14 (2.63%)

4h

EMA Structure

Bearish
EMA 8$80.22Bullish
EMA 21$80.89Bullish
EMA 50$83.21Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.4 · MACD 0.365

Neutral zone

Strength
Range
Volatility
ATR $2.14 · BB 8.79%

Medium volatility

Strength
Range
Volume
MFI 23.9 · OBV -2.75%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$76.4 - $94.07

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.46% · 7.0 ATR above latest close

$96.21
Nearest resistance

+15.84% · 6.0 ATR above · 34-bar high

$94.07
Current price

Price shown is delayed

$81.21
Nearest support

-5.93% · 2.3 ATR below · 34-bar low

$76.4
Deeper support zone

-8.56% · 3.3 ATR below latest close

$74.26
ATR zone

Latest close ± ATR14

$79.07 - $83.35

Indicators

Trend

Dow Theory Structure

Confirmation $76.4, invalidation $82.43

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

Trend strength is active

40.0 / 22.5 / 16.3Bullish
Supertrend (10,3)

Price is above Supertrend

$75.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$80.58 / $85.23Bearish
Donchian Channel (20)

20-period breakout channel position

68%Bearish

Volatility

ATR (14)

Medium volatility

$2.14 (2.63%)Range
Bollinger Bands (20,2)

Width 8.79%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$85.03 / $76.59Range
ATR channel lower / upper

Current Volatility Envelope

$79.07 / $83.35Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.07Range
Support

Nearest Downside Decision Level

$76.4Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is positive

0.365Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.0 / 70.3Bearish
Williams %R (14)

Neutral zone

-32.0Range
CCI (20)

Balanced zone

65.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.9Bearish
OBV slope

20-period OBV slope

-2.75%Bearish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Trend

Dow Theory Structure

Confirmation $76.4, invalidation $82.43

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

Trend strength is active

40.0 / 22.5 / 16.3Bullish
Supertrend (10,3)

Price is above Supertrend

$75.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$80.58 / $85.23Bearish
Donchian Channel (20)

20-period breakout channel position

68%Bearish

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is positive

0.365Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.0 / 70.3Bearish
Williams %R (14)

Neutral zone

-32.0Range
CCI (20)

Balanced zone

65.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$2.14 (2.63%)Range
Bollinger Bands (20,2)

Width 8.79%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$85.03 / $76.59Range
ATR channel lower / upper

Current Volatility Envelope

$79.07 / $83.35Range

Volume / Money Flow

MFI (14)

Money flow is weak

23.9Bearish
OBV slope

20-period OBV slope

-2.75%Bearish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.07Range
Support

Nearest Downside Decision Level

$76.4Range

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