TRINITY CAPITAL INC (TRIN) Technical Analysis
NASDAQ:TRIN • US8964423086
Current stock price
TRIN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TRIN. TRIN'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.
- 77% of all other stocks performed better in the past year than TRIN.
- In the last month TRIN has a been trading in the 14.13 - 15.58 range, which is quite wide. It is currently trading near the lows of this range.
- TRIN has an average volume of 1378880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TRIN is an average performer in the Capital Markets industry, it outperforms 52% of 242 stocks in the same industry.
- TRIN 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 TRIN is lagging the market slightly.
TRIN Weekly and Daily overview Charts
TRIN Setup Rating and Analysis
The technical rating of TRIN is bad and it also does not present a quality setup 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.
More info and screens
TRIN Support and Resistance Analysis
13.90
We found 1 important support area.
- A support zone ranging from 14.04 to 14.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.27 to 14.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.78 to 15.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.41 to 15.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @16.56 from a horizontal line in the weekly time frame.
TRIN 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 TRIN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRIN is down. |
| ChartMill Relative Strength | 23.75 | NEGATIVE | TRIN has a low relative strength, it was outperformed by 76.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRIN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.54 | OVERSOLD | The low RSI value suggests TRIN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TRIN has a negative trend. |
| Stochastics (14,3) | 11.63 | OVERSOLD | The low Stochastics value suggests TRIN may be oversold. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for TRIN suggests some volalility. |
| Average Directional Index/ADX (14) | 33.6 | POSITIVE | The high ADX value value for TRIN suggests a strong trend. |
TRIN Chart- and CandleStick Pattern Analysis
TRIN Technicals: Chart, Performance Metrics, Trend & Indicators
14.18
-0.24 (-1.66%)
TRINITY CAPITAL INC / TRIN TA FAQ
Can you provide the ChartMill technical rating for TRINITY CAPITAL INC?
ChartMill assigns a technical rating of 0 / 10 to TRIN.
What is the trend direction for TRIN stock?
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 29.5408. This indicates that the stock is currently oversold.
What is the short term momentum for TRINITY CAPITAL INC (TRIN) stock?
The short term momentum for TRINITY CAPITAL INC (TRIN) is negative.
What is the buy/sell signal for TRINITY CAPITAL INC (TRIN) stock?
The buy/sell signal for TRINITY CAPITAL INC (TRIN) is sell as both the short term and long term trends are negative.