TRUIST FINANCIAL CORP (TFC)

US89832Q1094 - Common Stock

43.32  +0.77 (+1.81%)

After market: 43 -0.32 (-0.74%)

Technical Rating and Analysis

3

Taking everything into account, TFC scores 3 out of 10 in our technical rating. Although TFC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month TFC has a been trading in the 42.28 - 49.05 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that TFC is one of the better performing stocks in the market, outperforming 72% of all stocks.
TFC has an average volume of 8753550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TFC is an average performer in the Banks industry, it outperforms 57% of 407 stocks in the same industry.
TFC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TFC is lagging the market slightly.
Weekly and Daily overview Charts
TFC Weekly chart
TFC Daily chart
Setup Rating and Analysis

3

The technical rating of TFC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

40.69

48.59

When analyzing the support we notice one important area.

  • A support zone ranging from 41.10 to 41.96. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 44.80 to 45.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 47.97 to 48.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.37
Mansfield-0.18
10 Day High47.76
10 Day Low42.28
20 Day High49.06
20 Day Low42.28
52 Week High49.06
52 Week Low34.23
Performance
1 Week-5.37%
2 Weeks-8.34%
1 Month-7.46%
3 Month2.36%
6 Month17.75%
12 Month17.85%
2 Year0.67%
3 Year-26.01%
5 Year-23.08%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.54
RSI(14)35.79
LBB42.6
UBB48.39
TFC Daily chart

TRUIST FINANCIAL CORP

NYSE:TFC (12/20/2024, 8:04:00 PM)

After market: 43 -0.32 (-0.74%)

43.32

+0.77 (+1.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.81%
1 Week-5.37%
2 Weeks-8.34%
1 Month-7.46%
3 Month2.36%
6 Month17.75%
12 Month17.85%
2 Year0.67%
3 Year-26.01%
5 Year-23.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%2.33%
ATR Inc46.06%
Range Today1.4
ADR(20)1
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.37
Mansfield-0.18
10 Day High47.76
10 Day Low42.28
20 Day High49.06
20 Day Low42.28
52 Week High49.06
52 Week Low34.23
CS1 End41.96
CR1 Start44.8
Volume & EV
DER(3)-1.11%
DER(5)0.74%
Volume14.85M
Volume Incr32.52%
Vol(5)10.05M
Vol(50)8.75M