TRUIST FINANCIAL CORP (TFC)
US89832Q1094 - Common Stock
Overall TFC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TFC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TFC did better than 82% of all other stocks. We also observe that the gains produced by TFC over the past year are nicely spread over this period.
A new 52 week high is currently being made by TFC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month TFC has a been trading in the 42.04 - 47.57 range, which is quite wide. It is currently trading near the high of this range.
TFC has an average volume of 8305460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TFC is part of the Banks industry. There are 404 other stocks in this industry, TFC did better than 61% of them.
Besides having an excellent technical rating, TFC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 46.82. Right above this resistance zone may be a good entry point.
More info and screens
34.51
48.14
When analyzing the support we can see 4 important areas.
- A support zone ranging from 46.40 to 47.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.99 to 43.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.68 from a trend line in the daily time frame.
- Support @34.86 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.91
Mansfield0.58
10 Day High47.57
10 Day Low45.16
20 Day High47.57
20 Day Low42.04
52 Week High47.57
52 Week Low31.23
Performance
1 Week1.21%
2 Weeks1.32%
1 Month7.81%
3 Month6.77%
6 Month21.9%
12 Month47.29%
2 Year0%
3 Year-21.08%
5 YearN/A
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)0.1
RSI(14)61.84
LBB42.75
UBB48.91
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.02 | 45.15 | 1.87 (3.98%) | 25.00% |
| An entry @47.02. This is a Buy Stop order right above the resistance zone. | An exit @45.15. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.87 points, which is 3.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TRUIST FINANCIAL CORP
NYSE:TFC (11/22/2024, 11:04:10 AM)
47.66
+0.85 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.82%
1 Week1.21%
2 Weeks1.32%
1 Month7.81%
3 Month6.77%
6 Month21.9%
12 Month47.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.19
ATR(20)%2.32%
ATR Inc
Range Today0.81
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High47.57
10 Day Low45.16
20 Day High47.57
20 Day Low42.04
52 Week High47.57
52 Week Low31.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.59M
Volume Incr-11.27%
Vol(5)7.59M
Vol(50)8.31M