TRI

Thomson ReutersTechnology

$90.19+2.43%

Rounding Bottom Falling Wedge Double Bottom

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$90.19

FEBMARAPR

Rounding Bottom Detected

TRI is showing a classic Rounding Bottom. Don't miss the move.

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Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$113.35

Stop

$96.53

Target

$146.99

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Falling Wedge

Reversal pattern. Price likely to break upwards.

Double Bottom

Reversal pattern after a downtrend.

Market Analysis

A clear signal has emerged for Thomson Reuters (TRI) on the daily chart. Currently at $90.19, the asset is showing upward momentum (2.43%). Price action has carved out a classic Double Bottom. The trend indicator is reading 30.6/100, suggesting moderate momentum. A potential breakout level is identified at $113.35, targeting $146.99 with support near $96.53 (R:R 2.0).

Community Sentiment

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TRI