Technical Analysis for TRNS - Transcat, Inc.

Grade Last Price % Change Price Change
B 123.12 1.54% 1.87
TRNS closed up 1.54 percent on Friday, May 17, 2024, on 75 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. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 20
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 1.54%
New Uptrend Bullish 1.54%
Jack-in-the-Box Bullish Bullish Swing Setup 1.54%

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Profile

Transcat, Inc. Description

Transcat, Inc. provides accredited calibration, repair, inspection, and compliance services, as well as distributes professional grade handheld test, measurement, and control instrumentation in the United States, Canada, and Internationally. The company operates through two segments, Service and Distribution. The Service segment offers calibration service on new and used instruments and repair services. It also provides compliance services that include analytical qualification, validation, and remediation services, as well as inspection and consulting services. This segment provides CalTrak and CalTrak online, which are proprietary documentation and asset management systems used to manage the workflow at calibration labs and clients' assets. The Distribution segment distributes approximately 38,000 test, measurement, and control instruments for customers' test and measurement instrumentation needs. It markets and sells its products through direct catalog marketing, Website, a field sales organization, outbound sales, and an inbound call center. The company serves pharmaceutical industry; FDA-regulated businesses, such as biotechnology and medical device manufacturing; industrial manufacturing companies; energy and power, natural gas, and water utility companies; chemical process industry; and other industries that require accuracy in their processes and confirmation of the capabilities of their equipment. Transcat, Inc. was founded in 1964 and is headquartered in Rochester, New York.


Classification

Sector: Technology
Industry: Scientific & Technical Instruments
Keywords: Biotechnology Natural Gas FDA Chemical Process Calibration Industrial Manufacturing Measurement Compliance Services Remediation Services Medical Device Manufacturing Asset Management Systems

Is TRNS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 123.16
52 Week Low 81.26
Average Volume 38,448
200-Day Moving Average 102.93
50-Day Moving Average 111.54
20-Day Moving Average 114.26
10-Day Moving Average 117.99
Average True Range 2.85
RSI (14) 73.12
ADX 27.66
+DI 34.83
-DI 10.12
Chandelier Exit (Long, 3 ATRs) 114.62
Chandelier Exit (Short, 3 ATRs) 113.02
Upper Bollinger Bands 123.28
Lower Bollinger Band 105.24
Percent B (%b) 0.99
BandWidth 15.78
MACD Line 3.11
MACD Signal Line 2.10
MACD Histogram 1.0176
Fundamentals Value
Market Cap 1.09 Billion
Num Shares 8.83 Million
EPS 1.31
Price-to-Earnings (P/E) Ratio 93.98
Price-to-Sales 3.97
Price-to-Book 4.55
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 125.99
Resistance 3 (R3) 125.68 124.42 125.51
Resistance 2 (R2) 124.42 123.69 124.57 125.35
Resistance 1 (R1) 123.77 123.24 124.10 124.08 125.19
Pivot Point 122.51 122.51 122.67 122.66 122.51
Support 1 (S1) 121.86 121.78 122.19 122.17 121.05
Support 2 (S2) 120.60 121.33 120.75 120.89
Support 3 (S3) 119.95 120.60 120.73
Support 4 (S4) 120.26