Logo image of TRST

TRUSTCO BANK CORP NY (TRST) Stock Technical Analysis

NASDAQ:TRST - Nasdaq - US8983492047 - Common Stock

31.92  -0.59 (-1.81%)

Technical Rating and Analysis

1

Taking everything into account, TRST scores 1 out of 10 in our technical rating. 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.

TRST is one of the lesser performing stocks in the Banks industry. 62% of 405 stocks in the same industry do better.
TRST is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, TRST outperforms 54% of them, which is more or less in line with the market.
TRST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRST is lagging the market.
Weekly and Daily overview Charts
TRUSTCO BANK CORP NY / TRST Weekly stock chart
TRUSTCO BANK CORP NY / TRST Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, TRST does present a nice setup opportunity. 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 32.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.74, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

27.61

37.93

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 30.57 to 30.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @27.89 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 32.52 to 32.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @37.55 from a horizontal line in the daily time frame.
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
CRS54.64
Mansfield-0.42
10 Day High33.07
10 Day Low30.15
20 Day High37.87
20 Day Low30.15
52 Week High38.89
52 Week Low25.83
Performance
1 Week4.97%
2 Weeks-0.58%
1 Month-4.72%
3 Month0.06%
6 Month-8.16%
12 Month8.73%
2 Year-9.47%
3 Year-4.1%
5 Year-18.01%
10 Year1.12%
15 Year8.37%
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)0.1
RSI(14)43.85
LBB30.67
UBB33.65
TRUSTCO BANK CORP NY / TRST Daily stock chart

TRUSTCO BANK CORP NY

NASDAQ:TRST (1/22/2025, 10:43:36 AM)

31.92

-0.59 (-1.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.81%
1 Week4.97%
2 Weeks-0.58%
1 Month-4.72%
3 Month0.06%
6 Month-8.16%
12 Month8.73%
2 Year-9.47%
3 Year-4.1%
5 Year-18.01%
10 Year1.12%
15 Year8.37%
Volatility
ATR(14)0.92
ATR(20)%3.21%
ATR Inc-11.54%
Range Today0.65
ADR(20)1
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.64
Mansfield-0.42
10 Day High33.07
10 Day Low30.15
20 Day High37.87
20 Day Low30.15
52 Week High38.89
52 Week Low25.83
CS1 End30.74
CR1 Start32.52
Volume & EV
DER(3)-0.81%
DER(5)-1.04%
Volume12.30K
Volume Incr-24.57%
Vol(5)91.98K
Vol(50)99.63K