TRINET GROUP INC (TNET)
US8962881079 - Common Stock
We assign a technical rating of 0 out of 10 to TNET. TNET'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 negative, as is the long term trend. There should be more interesting stocks out there.
74% of all other stocks performed better in the past year than TNET.
TNET 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.
TNET is an average performer in the Professional Services industry, it outperforms 46% of 82 stocks in the same industry.
TNET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TNET is lagging the market.
TNET has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 103.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 102.66, a Stop Loss order could be placed below this zone.
More info and screens
99.37
132.51
When analyzing the support we notice one important area.
- A support zone ranging from 100.37 to 102.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 103.46 to 105.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @124.31 from a trend line in the daily time frame.
- Resistance @131.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.12
Mansfield-1.89
10 Day High105.39
10 Day Low100.92
20 Day High130.83
20 Day Low99.88
52 Week High134.67
52 Week Low87.2
Performance
1 Week0.69%
2 Weeks1.24%
1 Month-20.32%
3 Month-18.86%
6 Month-8.28%
12 Month11.69%
2 Year31.39%
3 Year36.97%
5 Year62.81%
10 Year311.12%
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)0.19
RSI(14)32.98
LBB100.12
UBB104.74
TRINET GROUP INC
NYSE:TNET (5/16/2024, 6:20:00 PM)
After market: 103.19 0 (0%)103.19
+0.4 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.39%
1 Week0.69%
2 Weeks1.24%
1 Month-20.32%
3 Month-18.86%
6 Month-8.28%
12 Month11.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.97
ATR(20)%3.64%
ATR Inc
Range Today2.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High105.39
10 Day Low100.92
20 Day High130.83
20 Day Low99.88
52 Week High134.67
52 Week Low87.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume199.54K
Volume Incr-34.21%
Vol(5)199.55K
Vol(50)236.38K