TRINET GROUP INC (TNET)

US8962881079 - Common Stock

92.31  -1.89 (-2.01%)

After market: 92.31 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, TNET scores 1 out of 10 in our technical rating. TNET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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.
When comparing the yearly performance of all stocks, TNET is a bad performer in the overall market: 83% of all stocks are doing better.
TNET is one of the lesser performing stocks in the Professional Services industry. 65% of 81 stocks in the same industry do better.
In the last month TNET has a been trading in the 74.32 - 98.51 range, which is quite wide. It is currently trading near the high of this range.
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.
Weekly and Daily overview Charts
TNET Weekly chart
TNET Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

79.51

99.39

We found 2 important support areas.

  • A support zone ranging from 89.49 to 89.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 80.31 to 80.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 93.36 to 93.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 95.85 to 98.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.13
Mansfield-2.49
10 Day High98.51
10 Day Low86.28
20 Day High98.51
20 Day Low74.32
52 Week High134.67
52 Week Low74.32
Performance
1 Week-4.14%
2 Weeks-0.73%
1 Month0.74%
3 Month-10.03%
6 Month-14.16%
12 Month-18.21%
2 Year27.38%
3 Year-7.97%
5 Year68.6%
10 Year191.57%
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)0.38
RSI(14)50.61
LBB82.89
UBB100.74
TNET Daily chart

TRINET GROUP INC

NYSE:TNET (11/21/2024, 8:04:00 PM)

After market: 92.31 0 (0%)

92.31

-1.89 (-2.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-2.01%
1 Week-4.14%
2 Weeks-0.73%
1 Month0.74%
3 Month-10.03%
6 Month-14.16%
12 Month-18.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.87
ATR(20)%4.74%
ATR Inc
Range Today2.95
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 High98.51
10 Day Low86.28
20 Day High98.51
20 Day Low74.32
52 Week High134.67
52 Week Low74.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume335.10K
Volume Incr-37.03%
Vol(5)361.76K
Vol(50)382.70K