TRUSTMARK CORP (TRMK)

US8984021027 - Common Stock

32.55  +0.36 (+1.12%)

After market: 32.55 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to TRMK. Both in the recent history as in the last year, TRMK has proven to be a steady performer, scoring decent points in every aspect analyzed.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that TRMK is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, TRMK also shows a nice and consistent pattern of rising prices.
TRMK is part of the Banks industry. There are 402 other stocks in this industry. TRMK outperforms 74% of them.
TRMK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRMK is lagging the market slightly.
In the last month TRMK has a been trading in the 30.36 - 33.72 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Weekly and Daily overview Charts
TRMK Weekly chart
TRMK Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, TRMK also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 32.36, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

27.63

35.78

3 important support areas can be observed.

  • A support zone ranging from 31.22 to 32.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @30.05 from a trend line in the weekly time frame.
  • Support @27.91 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 35.16 to 35.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.27
Mansfield0.53
10 Day High33.34
10 Day Low30.36
20 Day High33.72
20 Day Low30.36
52 Week High35.72
52 Week Low18.96
Performance
1 Week2.97%
2 Weeks-2.28%
1 Month2.13%
3 Month14.01%
6 Month23.2%
12 Month54.71%
2 Year6.27%
3 Year1.02%
5 Year-4.57%
10 Year41.34%
15 Year70.87%
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)-0.07
RSI(14)54.06
LBB30.94
UBB33.82
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
33.3531.212.14 (6.42%)15.58%
An entry @33.35. This is a Buy Stop order right above the 10 day high.An exit @31.21. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.14 points, which is 6.42%.For a 1.00% total portfolio risk, you can invest 15.58% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TRMK Daily chart

TRUSTMARK CORP

NASDAQ:TRMK (9/16/2024, 8:00:02 PM)

After market: 32.55 0 (0%)

32.55

+0.36 (+1.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.12%
1 Week2.97%
2 Weeks-2.28%
1 Month2.13%
3 Month14.01%
6 Month23.2%
12 Month54.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.79
ATR(20)%2.5%
ATR Inc
Range Today0.82
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 High33.34
10 Day Low30.36
20 Day High33.72
20 Day Low30.36
52 Week High35.72
52 Week Low18.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume160.50K
Volume Incr1.61%
Vol(5)268.04K
Vol(50)298.54K