TERNA-RETE ELETTRICA NAZIONA (TRN.MI) Stock Technical Analysis
Europe - BIT:TRN - IT0003242622 - Common Stock
8.438 EUR
-0.01 (-0.14%)
We assign a technical rating of 1 out of 10 to TRN. TRN'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.
When comparing the yearly performance of all stocks, TRN is a bad performer in the overall market: 62% of all stocks are doing better.
TRN has an average volume of 3025100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
TRN is an average performer in the Electric Utilities industry, it outperforms 43% of 17 stocks in the same industry.
TRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRN is lagging the market.
In the last month TRN has a been trading in a tight range between 8.24 and 8.70.
Volume is considerably higher in the last couple of days.
TRN has a poor technical rating and the quality of the setup is also not perfect 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
7.13
9.15
We found 3 important support areas.
- A support zone ranging from 8.24 to 8.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.43 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.20 to 7.21. 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 8.47 to 8.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.94 to 9.06. 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 TRN.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRN.MI is neutral. |
| ChartMill Relative Strength | 38.15 | 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) | DOWN | NEGATIVE | The current price of TRN.MI is below a declining 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) | 48.65 | NEUTRAL | The RSI value for TRN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TRN.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.93 | NEUTRAL | The Stochastics value for TRN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for TRN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.17 | NEGATIVE | The low ADX value for TRN.MI 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)
BIT:TRN (9/24/2025, 5:36:15 PM)
8.438
-0.01 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.14%
1 Week0.76%
2 Weeks-0.14%
1 Month-1.08%
3 Month-1.79%
6 Month1.61%
12 Month4.01%
2 Year18.55%
3 Year35.2%
5 Year41.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%1.29%
ATR Inc38.07%
Range Today0.07
ADR(20)0.11
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.15
Mansfield-0.8
10 Day High8.55
10 Day Low8.24
20 Day High8.7
20 Day Low8.24
52 Week High9.1
52 Week Low7.46
CS1 End8.42
CR1 Start8.47
Volume & EV
DER(3)1.07%
DER(5)1.37%
Volume1.27M
Volume Incr85.9%
Vol(5)4.78M
Vol(50)3.03M