TRUSTMARK CORP (TRMK) Stock Technical Analysis
NASDAQ:TRMK - Nasdaq - US8984021027 - Common Stock - Currency: USD
Taking everything into account, TRMK scores 3 out of 10 in our technical rating. Although TRMK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month TRMK has a been trading in the 33.80 - 36.11 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that TRMK is one of the better performing stocks in the market, outperforming 75% of all stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
TRMK is part of the Banks industry. There are 395 other stocks in this industry, TRMK did better than 55% of them.
TRMK 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 TRMK is lagging the market slightly.
TRMK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
30.47
37.64
2 important support areas can be observed.
- Support @32.33 from a trend line in the weekly time frame.
- A support zone ranging from 30.78 to 31.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 34.04 to 35.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.00 to 37.27. 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 TRMK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRMK is neutral. |
| ChartMill Relative Strength | 75.36 | POSITIVE | TRMK has a high relative strength, it outperformed 75.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRMK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRMK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TRMK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.66 | NEUTRAL | The RSI value for TRMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TRMK has a negative trend. |
| Stochastics (14,3) | 35.49 | NEUTRAL | The Stochastics value for TRMK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for TRMK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for TRMK 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)
33.96
-0.64 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.85%
1 Week-2.44%
2 Weeks-1.45%
1 Month-5.72%
3 Month-0.44%
6 Month-9.54%
12 Month21.68%
2 Year60.8%
3 Year16.34%
5 Year38.5%
10 Year35.95%
15 Year63.11%
Volatility
ATR(14)0.76
ATR(20)%2.08%
ATR Inc-7.26%
Range Today0.52
ADR(20)0.66
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.36
Mansfield-0.49
10 Day High35.62
10 Day Low33.8
20 Day High36.11
20 Day Low33.8
52 Week High40.73
52 Week Low27.9
CS1 End32.33
CR1 Start34.04
Volume & EV
DER(3)-1.29%
DER(5)-1.06%
Volume280.50K
Volume Incr-13.6%
Vol(5)236.48K
Vol(50)332.81K