TRINET GROUP INC (TNET) Stock Technical Analysis
NYSE:TNET - New York Stock Exchange, Inc. - US8962881079 - Common Stock - Currency: USD
Taking everything into account, TNET scores 0 out of 10 in our technical rating. TNET's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
89% of all other stocks performed better in the past year than TNET.
TNET is one of the lesser performing stocks in the Professional Services industry. 73% of 81 stocks in the same industry do better.
TNET is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TNET is lagging the market.
In the last month TNET has a been trading in the 65.42 - 94.54 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
The technical rating of TNET 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.
More info and screens
72.97
99.39
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 73.72 to 73.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @89.26 from a trend line in the weekly time frame.
- Resistance @92.91 from a trend line in the daily time frame.
- Resistance @95.42 from a horizontal line in the daily time frame.
- Resistance @98.41 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.23
Mansfield-3.12
10 Day High78.79
10 Day Low65.43
20 Day High94.54
20 Day Low65.43
52 Week High134.67
52 Week Low65.43
Performance
1 Week10.83%
2 Weeks-6.09%
1 Month-19.5%
3 Month-21.11%
6 Month-28.32%
12 Month-42.23%
2 Year-11.05%
3 Year-15.58%
5 Year39.44%
10 Year102.83%
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)-0.63
RSI(14)36.76
LBB59.01
UBB94.48
73.71
+0.53 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.72%
1 Week10.83%
2 Weeks-6.09%
1 Month-19.5%
3 Month-21.11%
6 Month-28.32%
12 Month-42.23%
2 Year-11.05%
3 Year-15.58%
5 Year39.44%
10 Year102.83%
15 YearN/A
Volatility
ATR(14)4.4
ATR(20)%5.17%
ATR Inc-53.07%
Range Today1.38
ADR(20)3.35
ADR(20)%4.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.23
Mansfield-3.12
10 Day High78.79
10 Day Low65.43
20 Day High94.54
20 Day Low65.43
52 Week High134.67
52 Week Low65.43
CS1 EndN/A
CR1 Start73.72
Volume & EV
DER(3)2.85%
DER(5)2.94%
Volume552.10K
Volume Incr110.58%
Vol(5)902.40K
Vol(50)389.46K