What chart pattern is ChartPattern.io tracking on Thomson Reuters?
ChartPattern.io is currently tracking Broadening Formation on Thomson Reuters in the Technology stock.
Live Technology stock scanner page for Thomson Reuters. Review the broadening formation setup, chart structure, and trade levels in one place.
Traders are watching Thomson Reuters (TRI) as price action tightens. The stock is trading at $116.35, up 0.22% on the day. Price action has carved out a classic Broadening Formation. Volume is average (0.88x avg) with moderate trend strength (45.2). A potential breakout level is identified at $124.69, targeting $156.81 with support near $108.63 (R:R 2.0).
TRI is part of the Technology stock on ChartPattern.io. The scanner currently highlights Broadening Formation as the leading setup, with an entry near $124.69, a stop around $108.63, and a target near $156.81.
Broadening Formation
28/100 CP Index
Entry $124.69 · Stop $108.63 · Target $156.81
Expanding volatility. Sign of instability.
What is your outlook on TRI?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on TRI.
ChartPattern.io is currently tracking Broadening Formation on Thomson Reuters in the Technology stock.
The current trade plan points to an entry near $124.69, a stop near $108.63, and a target near $156.81.
Thomson Reuters currently leans bearish. The page is showing a CP Index of 28/100, which helps summarize the current technical setup.