TERNA-RETE ELETTRICA NAZIONA (TRN.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:TRN - IT0003242622 - Common Stock
Overall TRN gets a technical rating of 5 out of 10. In the last year, TRN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, TRN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.90, a Stop Loss order could be placed below this zone.
More info and screens
7.36
We found 3 important support areas.
- A support zone ranging from 8.68 to 8.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.31 to 8.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.43 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.02 to 9.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for TRN.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRN.MI is neutral. |
| ChartMill Relative Strength | 60.02 | NEUTRAL | TRN.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRN.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRN.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRN.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.9 | NEUTRAL | The RSI value for TRN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TRN.MI has a negative trend. |
| Stochastics (14,3) | 15.15 | OVERSOLD | The low Stochastics value suggests TRN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for TRN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.84 | NEGATIVE | The low ADX value for TRN.MI suggests a weak or negative trend. |
BIT:TRN (12/9/2025, 10:31:42 AM)
8.952
+0.03 (+0.31%)
TERNA-RETE ELETTRICA NAZIONA / TRN.MI FAQ
What is the ChartMill technical rating of TERNA-RETE ELETTRICA NAZIONA (TRN.MI) stock?
ChartMill assigns a technical rating of 5 / 10 to TRN.MI.
What is the trend direction for TRN stock?
The current trend direction for TERNA-RETE ELETTRICA NAZIONA (TRN.MI) is Bullish.
Can you provide the RSI signal for TERNA-RETE ELETTRICA NAZIONA?
TERNA-RETE ELETTRICA NAZIONA (TRN.MI) has an RSI value of 44.9004. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TERNA-RETE ELETTRICA NAZIONA?
The MACD indicator for TERNA-RETE ELETTRICA NAZIONA (TRN.MI) has a value of -0.021327, indicating a bearish trend.
What is the support and resistance level for TRN stock?
TERNA-RETE ELETTRICA NAZIONA (TRN.MI) has a support level at 8.9 and a resistance level at 8.94. Check the full technical report for our detailed analysis of TRN.MI support and resistance levels.