TRUIST FINANCIAL CORP (TFC) Stock Technical Analysis
NYSE:TFC - New York Stock Exchange, Inc. - US89832Q1094 - Common Stock
Taking everything into account, TFC scores 9 out of 10 in our technical rating. In the last year, TFC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that TFC is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by TFC over the past year are nicely spread over this period.
TFC is one of the better performing stocks in the Banks industry, it outperforms 77% of 405 stocks in the same industry.
TFC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TFC has a been trading in the 42.28 - 48.53 range, which is quite wide. It is currently trading near the high of this range.
TFC has an average volume of 8225590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TFC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
40.69
48.59
We found 2 important support areas.
- A support zone ranging from 44.15 to 45.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.10 to 43.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.84
Mansfield0.67
10 Day High48.53
10 Day Low42.57
20 Day High48.53
20 Day Low42.28
52 Week High49.06
52 Week Low34.23
Performance
1 Week11.06%
2 Weeks8.59%
1 Month11.09%
3 Month12.34%
6 Month7.81%
12 Month26.56%
2 Year-3.04%
3 Year-23.77%
5 Year-7.14%
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)0.53
RSI(14)68.54
LBB41.38
UBB47.46
TRUIST FINANCIAL CORP
NYSE:TFC (1/21/2025, 8:04:00 PM)
After market: 47.89 0 (0%)47.89
+0.24 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.5%
1 Week11.06%
2 Weeks8.59%
1 Month11.09%
3 Month12.34%
6 Month7.81%
12 Month26.56%
2 Year-3.04%
3 Year-23.77%
5 Year-7.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%2.18%
ATR Inc94.69%
Range Today0.79
ADR(20)0.88
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.84
Mansfield0.67
10 Day High48.53
10 Day Low42.57
20 Day High48.53
20 Day Low42.28
52 Week High49.06
52 Week Low34.23
CS1 End45.55
CR1 Start47.97
Volume & EV
DER(3)2.2%
DER(5)0.78%
Volume10.28M
Volume Incr64.97%
Vol(5)11.08M
Vol(50)8.23M