TERNA-RETE ELETTRICA NAZIONA (TRN.MI) Stock Technical Analysis
Europe - BIT:TRN - IT0003242622 - Common Stock
8.916 EUR
+0.01 (+0.07%)
Taking everything into account, TRN scores 6 out of 10 in our technical rating. TRN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
TRN 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 TRN is lagging the market slightly.
In the last month TRN has a been trading in the 8.24 - 8.92 range, which is quite wide. It is currently trading near the high of this range.
TRN has an average volume of 3117830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TRN outperforms 52% of them, which is more or less in line with the market.
TRN is part of the Electric Utilities industry. There are 18 other stocks in this industry, TRN did better than 41% of them.
TRN has an average technical rating and it also does not offer a high 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
7.36
9.15
3 important support areas can be observed.
- A support zone ranging from 8.55 to 8.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.28 to 8.41. 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.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The long term trend for TRN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRN.MI is up. |
| ChartMill Relative Strength | 52.7 | NEUTRAL | TRN.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRN.MI is above the rising 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) | 72.13 | OVERBOUGHT | The high RSI value suggests TRN.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TRN.MI has a positive trend. |
| Stochastics (14,3) | 91.8 | OVERBOUGHT | The high Stochastics value suggests TRN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for TRN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 25.45 | POSITIVE | The high ADX value value for TRN.MI suggests a strong 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 (10/15/2025, 5:36:15 PM)
8.916
+0.01 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.07%
1 Week3.36%
2 Weeks3.15%
1 Month6.25%
3 Month4.72%
6 Month5.64%
12 Month8.45%
2 Year23.3%
3 Year32.83%
5 Year53.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%1.24%
ATR Inc-18.96%
Range Today0.15
ADR(20)0.1
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.7
Mansfield-0.26
10 Day High8.92
10 Day Low8.45
20 Day High8.92
20 Day Low8.24
52 Week High9.1
52 Week Low7.46
CS1 End8.7
CR1 Start8.94
Volume & EV
DER(3)-0.64%
DER(5)0.25%
Volume1.74M
Volume Incr10.36%
Vol(5)3.94M
Vol(50)3.12M