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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Transcat, Inc. (NASDAQ:TRNS)
Crossroads (-60) - TRNS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TRNS?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRNS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TRNS
The long-term trend has been UP since Feb 1st, 2023 at 84.92
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 107.73
The short-term trend has been DOWN since Apr 16th, 2024 at 109.10
Smart Scan Analysis for TRNS
Based on our trend formula, TRNS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 104.7800 | 108.4800 | 104.4796 | 108.3350 | +3.0850 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.2500 | 47294 | 2024-04-19 15:58:42 |
| Year High | 25.35 | Year High Date | 2018-08-22 |
| Year Low | 13.05 | Year Low Date | 2018-01-09 |
| 52wk High | 115.41 | 52wk High Date | 2023-09-18 |
| 52wk Low | 74.89 | 52wk Low Date | 2023-04-27 |
| Year End Close | 5.93 | Average Volume | 38,379 |
| Shares Outstanding | 8,829 | Short Interest | 6,284 |
| % Institutional | 53.2 | Market Cap | 168M |
| Assets | 281,074,000M | Liabilities | 62,604,000M |
| P/E Ratio | 80.9615 | Beta | 0.68 |
| Volatility | 40.3 |