Technical Analysis for TRNX - Taronis Technologies, Inc.

Grade Last Price % Change Price Change
grade F 2.15 -5.29% -0.12
TRNX closed down 5.29 percent on Friday, September 20, 2019, on 2.41 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Up
See historical TRNX trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Wide Bands Range Expansion 0.00%
Upper Bollinger Band Touch Strength 0.00%
20 DMA Support Bullish -5.29%
Crossed Above 50 DMA Bullish -5.29%
Pocket Pivot Bullish Swing Setup -5.29%
Crossed Above 20 DMA Bullish 8.04%
Narrow Range Bar Range Contraction 8.04%
Doji - Bullish? Reversal 8.04%
Wide Bands Range Expansion 8.04%

Older signals for TRNX ...

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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 Fuel Gas Industrial Gases Industrial Processes 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: 1 bullish, 3 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 68.0
52 Week Low 0.645
Average Volume 4,061,486
200-Day Moving Average 6.9177
50-Day Moving Average 2.2874
20-Day Moving Average 1.9747
10-Day Moving Average 2.048
Average True Range 0.3569
ADX 28.25
+DI 38.5899
-DI 11.0439
Chandelier Exit (Long, 3 ATRs ) 2.2293
Chandelier Exit (Short, 3 ATRs ) 2.6207
Upper Bollinger Band 2.3125
Lower Bollinger Band 1.6369
Percent B (%b) 0.76
BandWidth 34.212792
MACD Line -0.0555
MACD Signal Line -0.0916
MACD Histogram 0.0361
Fundamentals Value
Market Cap 26.18 Million
Num Shares 12.2 Million
EPS -2.60
Price-to-Earnings (P/E) Ratio -0.83
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) 3.21
Resistance 3 (R3) 3.31 3.06 3.04
Resistance 2 (R2) 3.06 2.79 3.01 2.98
Resistance 1 (R1) 2.60 2.62 2.48 2.50 2.92
Pivot Point 2.35 2.35 2.28 2.30 2.35
Support 1 (S1) 1.89 2.08 1.77 1.80 1.38
Support 2 (S2) 1.64 1.91 1.59 1.32
Support 3 (S3) 1.18 1.64 1.26
Support 4 (S4) 1.09