Trimble Inc. Common Stock | TRMB

Daily Technical Analysis of Trimble Inc. Common Stock

Trimble had a rough day and is now down -9.37%. Investors weren't too impressed with the future outlook for the Computer Hardware company which caused some selling on weak demand. It looks like TRMB may be interacting with a downward sloping Support line. It may find or support at this level or it's momentum can continue downward. In addition to being near an angled support line TRMB is near a decent horizontal support line. It may find support at this level and bounce upward. The Computer Hardware company has been chopping around the last few months without a clear directional momentum. So it may move up from this point, but hard to say.

If we get a reversal off of support and Trimble starts moving up, it can probably get to $76.13 at which point it'll need to break through that resistance level in order to keep moving higher. If it fails to bounce off this level and breaks down lower, it will most likely find the nearest support a the $60.1 at which point, it may have a chance of recovering from there.

Last analyzed on 2025-03-31

Analyst Ratings for Trimble By Price Target And Rating

The analysts are pretty neutral on Trimble right now, so not much useful information here. The current Analysts Sentiment Score is 1.59. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Oppenheimer reiterated a rating of Outperform on 2024-02-13 and moved up their price target to $65.00 which is a 10.17% increase. Piper Sandler upgraded from Neutral to Overweight on 2024-02-13 and moved up their price target to $68.00 which is a 33.33% increase. Robert W. Baird provided a price target boost of 10.17% to $65.00 from $59.00 on 2024-02-13. JPMorgan Chase & Co. provided a price target boost of 16.67% to $56.00 from $48.00 on 2024-02-09. On 2023-11-02 The Goldman Sachs Group lowered their price target by -12.12% to $58.00. Raymond James upgraded from Market Perform to Outperform on 2023-09-29 and added a price target of $65.00. 888 announced that they are reiterating a rating of Maintains on 2023-05-04. Edward Jones upgraded from Hold to Buy on 2023-04-05.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
TRMB	1.59	2.17	0	1.45	-0.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-05)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
TRMB	0.00	0.00

Short interest for Trimble

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
TRMB	1.47	%0.9	1.6	22.704	2120000

How Trimble compares to the broader Technology sector and the more specific Computer Hardware industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Computer Hardware Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	65	-8.74	-7.38	-11.86	-19.24	-13.67	-4.33	41.65	-12.64	-5.31	0.86	-15160.45	-4277.39	18.46	0.00	3.60	1.00
Technology Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	278	-7.07	-6.18	-10.62	-18.08	-12.10	-7.65	42.99	-11.25	-8.55	-3.83	-18184.66	-7194.25	19.06	0.99	4.45	1.36

Social Sentiment for Trimble

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
TRMB

Companies with the highest correlation to Trimble

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
SNPS \| Synopsys Inc	1.41	-4.74	-4.61	-7.35	-14.33	-15.91	-27.83	41	-20.79	-21.76	-29.76	-23826.45	-328.15	0	1.89543
CGNX \| Cognex Corp	1.39	-11.77	-10.06	-20.55	-27.99	-32.20	-33.86	33	-34.31	-42.74	-45.11	-29100.19	169.85	0	3.13347
KEYS \| Keysight Technologies, In	1.36	-10.53	-9.71	-12.93	-18.30	-12.82	-13.05	44	0.78	0.24	5.78	-5693.48	-2662.90	100	2.22888
CDNS \| Cadence Design Systems	1.33	-6.05	-3.03	2.34	-17.49	-6.78	-19.86	56	-8.39	-9.03	-14.93	-7669.77	-6429.40	125	1.51766
APH \| Amphenol Corporation	1.3	-7.72	-5.90	-0.43	-12.31	0.84	8.62	58	-2.76	-4.10	-2.32	-3678.34	-1844.02	125	1.73653
NOW \| SERVICENOW, INC.	1.28	-6.06	-2.97	-9.00	-26.57	-12.08	1.96	41	-5.02	-3.21	-1.58	-6302.99	-8994.18	0	1.73847
MPWR \| Monolithic Power Systems,	1.28	-15.57	-14.00	-16.44	-20.19	-45.73	-23.26	42	-32.51	-23.21	-25.04	-15470.20	-164.87	0	2.54012
ZBRA \| Zebra Technologies Corpor	1.22	-15.36	-13.31	-16.84	-38.55	-33.98	-16.85	41	-19.59	-13.20	-13.27	-18178.45	-433.07	0	2.29928

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