TRINET GROUP INC (TNET) Stock Technical Analysis
NYSE:TNET - New York Stock Exchange, Inc. - US8962881079 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to TNET. In the past year, TNET was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
70% of all other stocks performed better in the past year than TNET.
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.
In the last month TNET has a been trading in the 88.49 - 97.02 range, which is quite wide. It is currently trading near the high of this range.
TNET is an average performer in the Professional Services industry, it outperforms 49% of 82 stocks in the same industry.
TNET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TNET is lagging the market.
TNET has an average technical rating and the quality of the presented setup is also not ideal 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
80.15
99.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 92.12 to 93.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 87.89 to 89.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @80.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 95.42 to 95.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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
CRS30.22
Mansfield-1.7
10 Day High97.02
10 Day Low90.34
20 Day High97.02
20 Day Low88.49
52 Week High134.67
52 Week Low74.32
Performance
1 Week0.27%
2 Weeks2.93%
1 Month4.78%
3 Month12.53%
6 Month-5.88%
12 Month-17.72%
2 Year25.33%
3 Year10.99%
5 Year65.72%
10 Year185.08%
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)0.42
RSI(14)57.43
LBB89.23
UBB96.48
TRINET GROUP INC
NYSE:TNET (1/29/2025, 8:04:00 PM)
After market: 94.56 0 (0%)94.56
-0.1 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.11%
1 Week0.27%
2 Weeks2.93%
1 Month4.78%
3 Month12.53%
6 Month-5.88%
12 Month-17.72%
2 Year25.33%
3 Year10.99%
5 Year65.72%
10 Year185.08%
15 YearN/A
Volatility
ATR(14)2.01
ATR(20)%2.25%
ATR Inc15.83%
Range Today1.46
ADR(20)2.07
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.22
Mansfield-1.7
10 Day High97.02
10 Day Low90.34
20 Day High97.02
20 Day Low88.49
52 Week High134.67
52 Week Low74.32
CS1 End93.66
CR1 Start95.42
Volume & EV
DER(3)2.69%
DER(5)1.33%
Volume225.20K
Volume Incr0%
Vol(5)246.80K
Vol(50)297.69K