TRUIST FINANCIAL CORP (TFC) Technical Analysis
NYSE:TFC • US89832Q1094
Current stock price
47.16 USD
+0.45 (+0.96%)
At close:
47.16 USD
0 (0%)
After Hours:
TFC Technical Rating and Analysis
Overall TFC gets a technical rating of 1 out of 10. TFC 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 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.
- In the last month TFC has a been trading in the 43.13 - 47.61 range, which is quite wide. It is currently trading near the high of this range.
- TFC has an average volume of 10031700 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, TFC turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- TFC is part of the Banks industry. There are 380 other stocks in this industry, TFC did better than 46% of them.
- TFC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TFC is lagging the market slightly.
TFC Weekly and Daily overview Charts
TFC Setup Rating and Analysis
The technical rating of TFC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TFC Support and Resistance Analysis
35.06
48.10
When analyzing the support we can see 3 important areas.
- A support zone ranging from 45.21 to 45.67. 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 43.73 to 44.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.41 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.17 to 47.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TFC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TFC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TFC is neutral. |
| ChartMill Relative Strength | 67.88 | NEUTRAL | TFC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TFC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.76 | NEUTRAL | The RSI value for TFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests TFC has a positive trend. |
| Stochastics (14,3) | 94.53 | OVERBOUGHT | The high Stochastics value suggests TFC may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for TFC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.68 | POSITIVE | The high ADX value value for TFC suggests a strong trend. |
TFC Chart- and CandleStick Pattern Analysis
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)
TFC Technicals: Chart, Performance Metrics, Trend & Indicators
47.16
+0.45 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.96%
1 Week4.87%
2 Weeks7.47%
1 Month-2.72%
3 Month-5.19%
6 Month3.6%
12 Month35.56%
2 Year25.59%
3 Year44.75%
5 Year-20.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%2.64%
ATR Inc20.81%
Range Today1.38
ADR(20)1.1
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.88
3 months CRS35.6
6 months CRS71.47
Mansfield0.29
10 Day High47.21
10 Day Low43.6
20 Day High47.61
20 Day Low43.13
52 Week High56.2
52 Week Low33.56
CS1 End45.67
CR1 Start47.17
Volume & EV
DER(3)1.97%
DER(5)1.22%
Volume9.20M
Volume Incr1.19%
Vol(5)10.29M
Vol(50)10.03M
TRUIST FINANCIAL CORP / TFC TA FAQ
Can you provide the ChartMill technical rating for TRUIST FINANCIAL CORP?
ChartMill assigns a technical rating of 1 / 10 to TFC.
What is the current trend direction of TRUIST FINANCIAL CORP (TFC) stock?
The current trend direction for TRUIST FINANCIAL CORP (TFC) is Bearish.
What is the RSI signal for TRUIST FINANCIAL CORP (TFC) stock?
TRUIST FINANCIAL CORP (TFC) has an RSI value of 53.763. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TRUIST FINANCIAL CORP?
TRUIST FINANCIAL CORP (TFC) has a support level at 45.67 and a resistance level at 47.17. Check the full technical report for our detailed analysis of TFC support and resistance levels.