Technical Analysis for TRNX - Taronis Technologies, Inc.

Grade Last Price % Change Price Change
grade F 0.4762 0.11% 0.00
TRNX closed up 0.11 percent on Friday, May 24, 2019, on 17 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical TRNX trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction 0.11%
Stochastic Reached Oversold Weakness 0.11%
Inside Day Range Contraction 0.11%
Wide Bands Range Expansion 0.11%

Older signals for TRNX ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile
Taronis Technologies, Inc. owns a patented plasma arc technology that enables two primary end use applications for fuel generation and water decontamination. The Company’s fuel technology enables a wide use of hydrocarbon feedstocks to be readily converted to fossil fuel substitutes. The Company is developing a wide range of end market uses for these fuels, including replacement products for propane, compressed natural gas and liquid natural gas. The Company currently markets a proprietary metal cutting fuel that is highly competitive with acetylene. The Company distributes its proprietary metal cutting fuel through Independent Distributors in the U.S and through its wholly owned distributors: ESSI, Green Arc Supply, Paris Oxygen, Latex Welding Supplies, Tyler Welders Supply, United Welding Supplies, Trico Welding Supply and Complete Welding of San Diego. The Company operates 17 locations across California, Texas, Louisiana, and Florida.
Chemistry Metal Industrial Gases Industrial Processes Fuel Gas Mechanical Engineering Metalworking Welding Arc Welding End Use Applications Acetylene Fuel Technology Oxy Fuel Welding And Cutting
Is TRNX a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Date Title
May 24 Amyris, Inc. (AMRS), Zogenix, Inc. (ZGNX) & Taronis Technologies, Inc. f/k/a MagneGas Applied Technology (TRNX) - Bronstein, Gewirtz & Grossman, LLC Announces Class Actions
May 22 TRNX DEADLINE: Pawar Law Group Reminds Investors of Deadline in Securities Class Action Lawsuit Against Taronis Technologies, Inc. – TRNX
May 22 Amyris, Inc. (AMRS), Zogenix, Inc. (ZGNX) & Taronis Technologies, Inc. f/k/a MagneGas Applied Technology (TRNX) - Bronstein, Gewirtz & Grossman, LLC Announces Class Action
May 22 Taronis Technologies beats by $1.60, beats on revenue
May 21 SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Taronis Technologies, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
May 21 Clearwater's Taronis Tech acquires $1.28M controlling interest in water tech company
May 20 Taronis Technologies, Inc. (TRNX) CEO Scott Mahoney on Q1 2019 Results - Earnings Call Transcript
May 20 Edited Transcript of TRNX earnings conference call or presentation 20-May-19 5:00pm GMT
May 20 INVESTOR ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Taronis Technologies, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
May 20 SHAREHOLDER ALERT - Taronis Technologies, Inc. f/k/a MagneGas Applied Technology (TRNX) Bronstein, Gewirtz & Grossman, LLC Announces Class Action and Lead Plaintiff Deadline: June 14, 2019
See more TRNX news...
Indicators
Indicator Value
52 Week High 19.4
52 Week Low 0.43
Average Volume 1,896,944
200-Day Moving Average 3.267
50-Day Moving Average 0.6197
20-Day Moving Average 0.5415
10-Day Moving Average 0.4971
Average True Range 0.0679
ADX 16.33
+DI 26.6847
-DI 21.1555
Chandelier Exit (Long, 3 ATRs ) 0.4963
Chandelier Exit (Short, 3 ATRs ) 0.6337
Upper Bollinger Band 0.6605
Lower Bollinger Band 0.4225
Percent B (%b) 0.23
BandWidth 43.951985
MACD Line -0.0511
MACD Signal Line -0.0535
MACD Histogram 0.0024
Fundamentals Value
Market Cap 5.8 Million
Num Shares 12.2 Million
EPS -2.60
Price-to-Earnings (P/E) Ratio -0.18
Price-to-Sales 1.36
Price-to-Book 0.47
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.52
Resistance 3 (R3) 0.53 0.51 0.52
Resistance 2 (R2) 0.51 0.50 0.51 0.51
Resistance 1 (R1) 0.49 0.49 0.49 0.49 0.51
Pivot Point 0.48 0.48 0.48 0.48 0.48
Support 1 (S1) 0.46 0.47 0.46 0.46 0.44
Support 2 (S2) 0.45 0.46 0.45 0.44
Support 3 (S3) 0.43 0.45 0.44
Support 4 (S4) 0.43