TRUIST FINANCIAL CORP (TFC) Stock Technical Analysis
NYSE:TFC - New York Stock Exchange, Inc. - US89832Q1094 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to TFC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month TFC has a been trading in the 45.53 - 48.45 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that TFC is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by TFC over the past year are nicely spread over this period.
TFC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TFC is lagging the market slightly.
TFC has an average volume of 7321220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TFC is an average performer in the Banks industry, it outperforms 65% of 404 stocks in the same industry.
TFC has an average technical rating and it also does not offer a high 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.
More info and screens
40.69
48.64
We found 2 important support areas.
- A support zone ranging from 44.15 to 44.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.10 to 42.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.93 to 48.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.44
Mansfield0.17
10 Day High48.27
10 Day Low45.53
20 Day High48.45
20 Day Low45.53
52 Week High49.06
52 Week Low34.26
Performance
1 Week-1.72%
2 Weeks-5.17%
1 Month-2.35%
3 Month-4.8%
6 Month4.15%
12 Month29.57%
2 Year-2.75%
3 Year-26.62%
5 Year-1.04%
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)-0.22
RSI(14)43.06
LBB45.82
UBB48.37
45.66
-0.99 (-2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.12%
1 Week-1.72%
2 Weeks-5.17%
1 Month-2.35%
3 Month-4.8%
6 Month4.15%
12 Month29.57%
2 Year-2.75%
3 Year-26.62%
5 Year-1.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%2.1%
ATR Inc66.41%
Range Today1.35
ADR(20)0.9
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.44
Mansfield0.17
10 Day High48.27
10 Day Low45.53
20 Day High48.45
20 Day Low45.53
52 Week High49.06
52 Week Low34.26
CS1 End44.22
CR1 Start46.93
Volume & EV
DER(3)0.18%
DER(5)1.72%
Volume5.85M
Volume Incr-18.76%
Vol(5)6.27M
Vol(50)7.32M