TRIUMPH FINANCIAL INC (TFIN) Stock Technical Analysis
NASDAQ:TFIN - Nasdaq - US89679E3009 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TFIN. TFIN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture 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.
86% of all other stocks performed better in the past year than TFIN.
TFIN is part of the Banks industry. There are 395 other stocks in this industry, of which 95% are performing better than TFIN.
TFIN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TFIN is lagging the market.
In the last month TFIN has a been trading in the 52.77 - 62.14 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of TFIN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
53.96
63.07
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 58.12 to 58.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.77 to 61.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.45 from a horizontal line in the daily time frame.
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 TFIN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TFIN is neutral. |
| ChartMill Relative Strength | 14.33 | NEGATIVE | TFIN has a low relative strength, it was outperformed by 85.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TFIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TFIN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TFIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.18 | NEUTRAL | The RSI value for TFIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests TFIN has a negative trend. |
| Stochastics (14,3) | 12.42 | OVERSOLD | The low Stochastics value suggests TFIN may be oversold. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for TFIN suggests some volalility. |
| Average Directional Index/ADX (14) | 12.38 | NEGATIVE | The low ADX value for TFIN suggests a weak or negative trend. |
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)
54.5
-1.18 (-2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.12%
1 Week-8.51%
2 Weeks-5.77%
1 Month-11.9%
3 Month-11.51%
6 Month-40.44%
12 Month-28.58%
2 Year-10.24%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.91
ATR(20)%4.11%
ATR Inc26.39%
Range Today1.85
ADR(20)2.14
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.33
Mansfield-3.17
10 Day High62.14
10 Day Low54.41
20 Day High62.14
20 Day Low52.77
52 Week High110.58
52 Week Low42.9
CS1 EndN/A
CR1 Start58.12
Volume & EV
DER(3)-3.29%
DER(5)-2.97%
Volume297.53K
Volume Incr13.61%
Vol(5)189.89K
Vol(50)241.33K