We assign a technical rating of 3 out of 10 to TRIN. Recently some decent action could be observed, but in the medium term time frame this is still negative. TRIN was also a bad performer in the overall market in the last year.
TRIN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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13.21
We found 4 important support areas.
- A support zone ranging from 14.77 to 15.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.27 to 14.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.04 from a horizontal line in the daily time frame.
- A support zone ranging from 13.34 to 13.35. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @15.19 from a trend line in the daily time frame.
- A resistance zone ranging from 16.16 to 16.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 16.56 to 16.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for TRIN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRIN is up. |
| ChartMill Relative Strength | 38.43 | NEUTRAL | TRIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRIN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TRIN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.21 | NEUTRAL | The RSI value for TRIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests TRIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.22 | OVERBOUGHT | The high Stochastics value suggests TRIN may be overbought. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for TRIN suggests low volalility. |
| Average Directional Index/ADX (14) | 17.92 | NEGATIVE | The low ADX value for TRIN suggests a weak or negative trend. |
15.18
+0.06 (+0.4%)
TRINITY CAPITAL INC / TRIN FAQ
Can you provide the ChartMill technical rating for TRINITY CAPITAL INC?
ChartMill assigns a technical rating of 3 / 10 to TRIN.
Can you provide the trend direction for TRINITY CAPITAL INC?
The current trend direction for TRINITY CAPITAL INC (TRIN) is Bearish.
What is the RSI signal for TRINITY CAPITAL INC (TRIN) stock?
TRINITY CAPITAL INC (TRIN) has an RSI value of 58.2105. This indicates that the stock is currently neutral.
What are the support and resistance levels for TRINITY CAPITAL INC (TRIN) stock?
TRINITY CAPITAL INC (TRIN) has a support level at 15.14 and a resistance level at 15.19. Check the full technical report for our detailed analysis of TRIN support and resistance levels.