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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
81% of all other stocks performed better in the past year than TNET.
TNET is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
TNET is an average performer in the Professional Services industry, it outperforms 45% of 83 stocks in the same industry.
In the last month TNET has a been trading in the 69.39 - 80.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
TNET has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
71.46
99.39
We found 2 important support areas.
- Support @74.03 from a trend line in the daily time frame.
- Support @72.18 from a horizontal line in the daily time frame.
We can see 7 important resistance areas.
- A resistance zone ranging from 76.66 to 79.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @80.90 from a horizontal line in the daily time frame.
- Resistance @82.95 from a trend line in the weekly time frame.
- Resistance @85.81 from a trend line in the weekly time frame.
- Resistance @88.76 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
CRS19.18
Mansfield-1.22
10 Day High80.13
10 Day Low69.4
20 Day High80.97
20 Day Low69.4
52 Week High130.83
52 Week Low65.43
Performance
1 Week-0.42%
2 Weeks-0.98%
1 Month-3.08%
3 Month-15.43%
6 Month-18.51%
12 Month-40.41%
2 Year-17.62%
3 Year-13.83%
5 Year56.08%
10 Year118.25%
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)0.15
RSI(14)46.93
LBB72.72
UBB81.85
76.43
-2 (-2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-2.55%
1 Week-0.42%
2 Weeks-0.98%
1 Month-3.08%
3 Month-15.43%
6 Month-18.51%
12 Month-40.41%
2 Year-17.62%
3 Year-13.83%
5 Year56.08%
10 Year118.25%
15 YearN/A
Volatility
ATR(14)3.44
ATR(20)%4.14%
ATR Inc-6.5%
Range Today4.15
ADR(20)2.99
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.18
Mansfield-1.22
10 Day High80.13
10 Day Low69.4
20 Day High80.97
20 Day Low69.4
52 Week High130.83
52 Week Low65.43
CS1 End74.03
CR1 Start76.66
Volume & EV
DER(3)-0.34%
DER(5)0.77%
Volume606.00K
Volume Incr-35.76%
Vol(5)332.62K
Vol(50)573.54K