US stock / ETF

Thomson Reuters Corporation

TRI · NASDAQ · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

TRI 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $102.9 and reclaim $123.94.

Invalidation Trigger

Lose $102.9 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 77.9, MACD 0.803

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.63 (2.14%)

4h

EMA Structure

Bullish
EMA 8$121.04Bullish
EMA 21$115.86Bullish
EMA 50$109.88Bullish

Signals

CategoryReadStrength
Momentum
RSI 77.9 · MACD 0.803

Momentum is strong

Strength
Bullish
Volatility
ATR $2.63 · BB 21.63%

Low volatility

Strength
Range
Volume
MFI 88.7 · OBV 23.04%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$102.9 - $123.94

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.76% · 1.3 ATR above latest close

$126.57
Nearest resistance

+0.63% · 0.3 ATR above · 34-bar high

$123.94
Current price

Price shown is delayed

$123.17
Nearest support

-16.46% · 7.7 ATR below · 34-bar low

$102.9
Deeper support zone

-18.6% · 8.7 ATR below latest close

$100.27
ATR zone

Latest close ± ATR14

$120.54 - $125.8

Indicators

Trend

Dow Theory Structure

Confirmation $123.94, invalidation $120.82

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

Trend strength is active

27.0 / 43.7 / 21.6Bullish
Supertrend (10,3)

Price is above Supertrend

$116.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.58 / $109.54Bullish
Donchian Channel (20)

20-period breakout channel position

96%Bullish

Volatility

ATR (14)

Low volatility

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

Width 21.63%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.84 / $111.5Range
ATR channel lower / upper

Current Volatility Envelope

$120.54 / $125.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$123.94Range
Support

Nearest Downside Decision Level

$102.9Range

Momentum

RSI (14)

Momentum is strong

77.9Bullish
MACD (12,26,9)

Histogram is positive

0.803Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

96.3 / 96.2Bullish
Williams %R (14)

Overbought zone

-3.7Bearish
CCI (20)

Strong expansion

113.3Bullish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

88.7Bullish
OBV slope

20-period OBV slope

23.04%Bullish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Trend

Dow Theory Structure

Confirmation $123.94, invalidation $120.82

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

Trend strength is active

27.0 / 43.7 / 21.6Bullish
Supertrend (10,3)

Price is above Supertrend

$116.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.58 / $109.54Bullish
Donchian Channel (20)

20-period breakout channel position

96%Bullish

Momentum

RSI (14)

Momentum is strong

77.9Bullish
MACD (12,26,9)

Histogram is positive

0.803Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

96.3 / 96.2Bullish
Williams %R (14)

Overbought zone

-3.7Bearish
CCI (20)

Strong expansion

113.3Bullish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

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

Width 21.63%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.84 / $111.5Range
ATR channel lower / upper

Current Volatility Envelope

$120.54 / $125.8Range

Volume / Money Flow

MFI (14)

Money flow is strong

88.7Bullish
OBV slope

20-period OBV slope

23.04%Bullish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$123.94Range
Support

Nearest Downside Decision Level

$102.9Range

Related Forecasts