TRUSTCO BANK CORP NY (TRST) Stock Technical Analysis
NASDAQ:TRST - Nasdaq - US8983492047 - Common Stock - Currency: USD
Overall TRST gets a technical rating of 1 out of 10. TRST has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
TRST 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.
Looking at the yearly performance, TRST did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
TRST is an average performer in the Banks industry, it outperforms 49% of 398 stocks in the same industry.
In the last month TRST has a been trading in the 27.18 - 31.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TRST 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. There is a resistance zone just above the current price starting at 29.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.56, a Stop Loss order could be placed below this zone.
More info and screens
27.28
33.71
When analyzing the support we notice one important area.
- A support zone ranging from 27.56 to 27.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 29.85 to 29.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.44 from a horizontal line in the daily time frame.
- Resistance @33.38 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.59
Mansfield0.04
10 Day High30.05
10 Day Low27.18
20 Day High31.64
20 Day Low27.18
52 Week High38.89
52 Week Low26.14
Performance
1 Week7.07%
2 Weeks5.93%
1 Month-3.56%
3 Month-7.84%
6 Month-8.16%
12 Month10.19%
2 Year0%
3 Year-4.21%
5 Year-5.27%
10 Year-10.52%
15 Year-10.26%
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)53.11
LBB26.94
UBB30.17
29.84
+1.41 (+4.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.96%
1 Week7.07%
2 Weeks5.93%
1 Month-3.56%
3 Month-7.84%
6 Month-8.16%
12 Month10.19%
2 Year0%
3 Year-4.21%
5 Year-5.27%
10 Year-10.52%
15 Year-10.26%
Volatility
ATR(14)1.4
ATR(20)%4.05%
ATR Inc-24.53%
Range Today1.67
ADR(20)1.16
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.59
Mansfield0.04
10 Day High30.05
10 Day Low27.18
20 Day High31.64
20 Day Low27.18
52 Week High38.89
52 Week Low26.14
CS1 End27.56
CR1 Start29.85
Volume & EV
DER(3)0.04%
DER(5)1.64%
Volume126.72K
Volume Incr-8.88%
Vol(5)101.60K
Vol(50)97.74K