Trimble is a company that specializes in software for navigation, guidance, and control of equipment for various industries, including construction and agriculture, trades at $54 per share, about 37% below the level seen two years ago in December 2021.
Looking at a slightly longer term, NASDAQ:TRMB stock has faced a notable decline of 25% from levels of $65 in...
Trimble Inc. (NASDAQ: NASDAQ:TRMB ) has just released its fourth-quarter and full-year 2023 financial results, showcasing remarkable growth and strategic initiatives that position the company for continued success in 2024. With record annualized recurring revenue (ARR), impressive margins, and robust earnings, Trimble's ( NASDAQ:TRMB ) performance underscores its...
Check out Trimble. It's an industrial company using geospatial data and artificial intelligence to design, manage and build large scale projects. I think the company has a very interesting future, please let me know what you all think!
Thanks, Keith
NASDAQ:TRMB Trimble Stock Breaks Bearish Trend, Initiates Bullish Reversal A bearish parallel trend is characterized by a consistent downward trajectory in a stock's price over time. Investors often regard this pattern as a sign of declining market sentiment, prompting caution and reevaluation of investment strategies. Trimble, a well-known player in the...
No guarantees this bottom will hold but it appears that the bulls made a stand here for now.
Possible stop under lower bottom.
Short is less than 1%.
Earnings are 5-5. TRMB has missed EARNINGS the last 2 quarters.
No recommendation.
The PEAD projected a Neutral outlook for $TRMB after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 60%.
This is chart for TRMB on 3D chart
A large channel has formed but a subtle sharper uptrend is also forming at the same time
I think this sharper uptrend will become dominant and price will extend above
This price point also aligns with an earlier price pattern top (dotted line)
Given the latest jitter in the US market, increasing risk of recession and slow down of the economy can global software, hardware, and services technology company like Trimble Inc go even deeper into a correction?
Fundamental indicators:
Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years but with a sign of a...
TRMB barely moving on a day when most my watchlist is up 1-5%, id probably choose a play with more volume and open interest.
but if i had to play this Id have a stop below support and target 74.11-81.22-88.33
This is one I will be watching closely, the chart is self explanatory. Sitting right above an area of low volume support while in the middle of a nasty downtrend after a slight earnings miss. I'm looking for a drop to $65 before opening a position then targeting the lower edge of the low volume area.
hello everyone, this is one of my favorite patterns, clearly making higher lows with trend line support! another 52w breakout should follow soon, over 86.5 Price target I we can see a easy run to 89-90 in 2-3 weeks! stop loss under green trendline! trade safe. goodluck and leave a like and follow for more ideas <3 thank you!
$TRMB - I like the cheat box setup here but the one thing against it is the high volume down days (red circles). If you look closely, 2 of these 3 days closed in the upper half of the candle indicating support vs distribution. Adding it to my watchlist.
