TERNA-RETE ELETTRICA NAZIONA (TRN.MI) Stock Technical Analysis
BIT:TRN - Borsa Italiana Milan - IT0003242622 - Common Stock - Currency: EUR
Overall TRN gets a technical rating of 5 out of 10. In the past year, TRN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
TRN is part of the Electric Utilities industry. There are 16 other stocks in this industry, of which 60% are performing better than TRN.
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.
TRN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRN is lagging the market slightly.
In the last month TRN has a been trading in the 7.46 - 8.03 range, which is quite wide. It is currently trading near the high of this range.
TRN has an average volume of 3717930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TRN turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
TRN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.88, a Stop Loss order could be placed below this zone.
More info and screens
7.13
8.31
We found 3 important support areas.
- A support zone ranging from 7.63 to 7.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.43 to 7.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.20 to 7.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 8.10 to 8.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.66
Mansfield-0.5
10 Day High8.03
10 Day Low7.65
20 Day High8.03
20 Day Low7.46
52 Week High8.27
52 Week Low7.16
Performance
1 Week0.5%
2 Weeks1.68%
1 Month3.99%
3 Month2.95%
6 Month5.59%
12 Month9%
2 Year11.76%
3 Year8.5%
5 Year32.99%
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)0.03
RSI(14)59.97
LBB7.68
UBB8.04
TERNA-RETE ELETTRICA NAZIONA
BIT:TRN (2/5/2025, 5:35:15 PM)
7.986
+0.02 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.25%
1 Week0.5%
2 Weeks1.68%
1 Month3.99%
3 Month2.95%
6 Month5.59%
12 Month9%
2 Year11.76%
3 Year8.5%
5 Year32.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.58%
ATR Inc-19.74%
Range Today0.11
ADR(20)0.12
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.66
Mansfield-0.5
10 Day High8.03
10 Day Low7.65
20 Day High8.03
20 Day Low7.46
52 Week High8.27
52 Week Low7.16
CS1 End7.88
CR1 Start8.1
Volume & EV
DER(3)2.12%
DER(5)0.92%
Volume1.59M
Volume Incr7.25%
Vol(5)3.88M
Vol(50)3.72M