TMCX stock: buy or sell?

TMCX stock price: $11.00 1.57% At close on November 14th, 2019

Updated on:
November 14th, 2019

5

Trinity Merger grew 1.57% to $11.00 after marking all time highs on November. Counting November, it's been 5 climbing days in a row, gaining $0.53 or 5.07%.

Should I buy TMCX stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

These 2 buy setups are elegible for Trinity Merger stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Trinity Merger stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for TMCX stock for the last 30 days.

TMCX stock analysis

Daily outlook

After several days of continuous hikes in past weeks, Trinity Merger grew 1.57% to $11.00.

After several days of continuous hikes in past weeks, Trinity Merger grew 1.57% to $11.00. On November, TMCX hit new all time highs, pushing higher previous ATH of $10.94 recorded on November. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

TMCX stock chart (daily)

Weekly outlook

Trinity Merger escalated 3.77% by mid November 2019 and reached a new all time high at $11.05. By mid November 2019 was the third green week in a row.

If you observe the weekly chart, price finally broke over the resistance at $10.35 and continued climbing. Since late May 2019 when TMCX stock price broke up the SMA10w line, it gained $0.75 (7.32%).

TMCX stock chart (weekly)

TMCX stock price history

TMCX IPO was on May 31st, 2018 at $9.79 per share1. Since then, TMCX stock grew a 12.40%, with a yearly average of 12.40%. If you had invested right after TMCX's IPO a $1,000 in TMCX stock in 2018, it would worth $124.00 today.

1: Adjusted price after possible price splits or reverse-splits.

TMCX stock historical price chart

TMCX stock reached all-time highs on November with a price of $11.05.

TMCX stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for Trinity Merger stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

TMCX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Trinity Merger ownership

When you are planning to invest in shares of a stock, it's worth to review its ownership structure.

Trinity Merger shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

The following table compares ownership indicators for other stocks related to Trinity Merger:

TMCX
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

TMCX summary

Thursday, November 14th, 2019
Open$10.99
Close$11.00
Day range$10.87 - $11.05
Previous close$10.83
Session gain1.57%
Average true range$0.09
50d mov avg$10.48
100d mov avg$10.41
200d mov avg$10.28
Daily pattern
Weekly pattern lb01c

Trinity Merger performance

To better understand Trinity Merger performance you must becnhmark its gains with other related stocks in same sector or industry. We selected as the bechmarking frame for Trinity Merger stock.
Stock3m6m12m
TMCXTrinity Merger5.87%7.32%11.22%

Trinity Merger competitors

Unfortunately, we could not find any public company that could be defined as Trinity Merger competitor. This doesn't mean Trinity Merger does not have any competitor in the market, it's just we could not detected it.