Transcat, Inc. (TRNS)

Transcat, Inc. is trading at $91.67, up 0.77% on the session. The 50 day average sits at $90.03 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 55.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $86.92 with resistance near $94.00, so that band frames the current range. Average daily movement is roughly $4.62, or about 5.0% of the share price, which is what any stop placement has to allow for. The overall health score of 60 out of 100 combines a trend score of 59, momentum of 79 and a risk score of 34.

Transcat, Inc. provides calibration and laboratory instrument services in the United States, Canada, and internationally. The company operates through two segments: Service and Distribution. The Service segment offers calibration, repair, inspection, analytical qualification, preventative maintenance, consulting, and other related services. This segment also provides CalTrak, a proprietary document and asset management system that is used to manage the workflow of its calibration service centers and customers' assets; and Compliance, Control, and Cost, an online customer portal that provides its customers with web-based asset management capability, as well as a safe and secure off-site archive of calibration and other service records. The Distribution segment sells and rents test, measurement, and control instruments for customers' test and measurement instrumentation needs, as well as value-added services, such as calibration/certification of equipment purchase, equipment rental, used equipment for sale, and equipment kitting. This segment markets and sells its products through website, digital and print advertising, proactive outbound sales, and an inbound call center. The company provides services and products to highly regulated industries, principally life science, which includes companies in the pharmaceutical, biotechnology, medical device, and other FDA-regulated industries; and additional industries, including aerospace and defense, industrial manufacturing, energy and utilities, oil and gas, chemical manufacturing, and other industries that require accuracy in processes and confirmation of the capabilities of their equipment. Transcat, Inc. was incorporated in 1964 and is headquartered in Rochester, New York.