(TRUE) Truecar Inc complete technical analysis [charts+indicators] | Buy/Sell Truecar Inc | (TRUE) share price targets
Complete technical analysis of Truecar Inc (TRUE) by charts plus indicators, forecast predictions and share price targets for Truecar Inc (TRUE)
Truecar Inc trades in USA in Technology sector.
Showing technical analysis as on 2024-08-08 View latest technical analysis
10 day averaged volume of Truecar Inc is 325550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 2.86 | 2.76 | 2.90 | 2.70 | 1.022 times |
| 07 Wed Aug 2024 | 2.71 | 2.79 | 2.93 | 2.70 | 1.087 times |
| 06 Tue Aug 2024 | 2.72 | 2.60 | 2.80 | 2.56 | 1.592 times |
| 05 Mon Aug 2024 | 3.15 | 3.11 | 3.29 | 3.10 | 1.05 times |
| 02 Fri Aug 2024 | 3.38 | 3.20 | 3.46 | 3.18 | 0.812 times |
| 01 Thu Aug 2024 | 3.42 | 3.68 | 3.73 | 3.35 | 1 times |
| 31 Wed Jul 2024 | 3.66 | 3.72 | 3.76 | 3.65 | 1.088 times |
| 30 Tue Jul 2024 | 3.67 | 3.67 | 3.73 | 3.61 | 0.615 times |
| 29 Mon Jul 2024 | 3.66 | 3.73 | 3.79 | 3.66 | 0.591 times |
| 26 Fri Jul 2024 | 3.75 | 3.89 | 3.93 | 3.73 | 0.857 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.7, for a target of 3.2 or 3.5
Share price targets for Truecar Inc (TRUE)
| Target Type | Value |
| Downside Target | 2.56 |
| Downside Target | 2.62 |
| Downside Target | 2.72 |
| Upside Target | 3.01 |
| Upside Target | 3.09 |
| Upside Target | 3.29 |
| Upside Target | 3.43 |
| Upside Target | 3.52 |
| Upside Target | 3.65 |
| Upside Target | 3.73 |
| Upside Target | 3.79 |
| Upside Target | 3.85 |
| Upside Target | 3.96 |
Intraday share price targets for Truecar Inc (TRUE)
| Target Type | Value |
| Downside Intraday Target | 2.52 |
| Downside Intraday Target | 2.17 |
| Upside Intraday Target | 3.25 |
| Upside Intraday Target | 3.63 |
| Upside Intraday Target | 2.9 |
Weekly technical analysis of Truecar Inc (TRUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 2.86 | 3.11 | 3.29 | 2.56 | 1.158 times |
| 02 Fri Aug 2024 | 3.38 | 3.73 | 3.79 | 3.18 | 0.904 times |
| 26 Fri Jul 2024 | 3.75 | 3.65 | 3.96 | 3.65 | 1.068 times |
| 19 Fri Jul 2024 | 3.64 | 3.49 | 3.85 | 3.43 | 1.135 times |
| 12 Fri Jul 2024 | 3.45 | 3.16 | 3.54 | 3.13 | 5.953 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Truecar Inc (TRUE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 2.86 | 3.68 | 3.73 | 2.56 | 0.384 times |
| 31 Wed Jul 2024 | 3.66 | 3.13 | 3.96 | 3.01 | 1.629 times |
| 28 Fri Jun 2024 | 3.13 | 3.00 | 3.20 | 2.72 | 1.117 times |
| 31 Fri May 2024 | 2.95 | 2.66 | 3.09 | 2.64 | 0.775 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Truecar Inc (TRUE)
Price action analysis of Truecar Inc ( (TRUE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Truecar Inc ( (TRUE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Truecar Inc ( (TRUE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Truecar Inc ( (TRUE) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Truecar Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Truecar Inc in short term and the sell signal is strong.
Truecar Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Truecar Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Truecar Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.22 and Truecar Inc (TRUE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Truecar Inc (TRUE) stock. Volume based technical analysis of Truecar Inc (TRUE) stock is negative.
Truecar Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Truecar Inc ( (TRUE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Truecar Inc ( (TRUE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Truecar Inc ( (TRUE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Truecar Inc ( (TRUE) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Truecar Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Truecar Inc in short term and the sell signal is strong.
Truecar Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Truecar Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Truecar Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.22 and Truecar Inc (TRUE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Truecar Inc (TRUE) stock. Volume based technical analysis of Truecar Inc (TRUE) stock is negative.
Truecar Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.