TRINITY CAPITAL INC (TRIN) Stock Technical Analysis
NASDAQ:TRIN - Nasdaq - US8964423086 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to TRIN. Although TRIN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
TRIN is part of the Capital Markets industry. There are 225 other stocks in this industry. TRIN outperforms 70% of them.
TRIN 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 TRIN has a been trading in the 14.87 - 16.26 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, TRIN did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, TRIN also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.28
16.37
4 important support areas can be observed.
- A support zone ranging from 14.74 to 15.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.25 to 14.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.76 from a trend line in the weekly time frame.
- Support @13.41 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @16.21 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
CRS76.94
Mansfield0.12
10 Day High16.26
10 Day Low15.59
20 Day High16.26
20 Day Low14.87
52 Week High16.26
52 Week Low13.05
Performance
1 Week0.44%
2 Weeks-1.12%
1 Month6.1%
3 Month10.39%
6 Month12.27%
12 Month10.31%
2 Year18.58%
3 Year-11.07%
5 YearN/A
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
RSI(14)60.41
LBB15.4
UBB16.28
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.91 | 15.58 | 0.33 (2.08%) | 25.00% |
| An entry @15.91. This is a Buy Stop order right above the 10 day moving average. | An exit @15.58. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.33 points, which is 2.08%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TRIN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.83
-0.19 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.19%
1 Week0.44%
2 Weeks-1.12%
1 Month6.1%
3 Month10.39%
6 Month12.27%
12 Month10.31%
2 Year18.58%
3 Year-11.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.44%
ATR Inc9.37%
Range Today0.29
ADR(20)0.22
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.94
Mansfield0.12
10 Day High16.26
10 Day Low15.59
20 Day High16.26
20 Day Low14.87
52 Week High16.26
52 Week Low13.05
CS1 End15.06
CR1 Start16.21
Volume & EV
DER(3)-1.34%
DER(5)1%
Volume464.00K
Volume Incr-1%
Vol(5)517.40K
Vol(50)570.26K