TERNA-RETE ELETTRICA NAZIONA (TRN.MI) Stock Technical Analysis
BIT:TRN - IT0003242622 - Common Stock
8.376 EUR
-0.12 (-1.39%)
Overall TRN gets a technical rating of 3 out of 10. TRN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, TRN is a bad performer in the overall market: 64% of all stocks are doing better.
TRN is one of the lesser performing stocks in the Electric Utilities industry. 71% of 15 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TRN has an average volume of 3030100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 8.41 and 8.75.
The technical rating of TRN is bad and it also does not present a 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
When analyzing the support we can see 3 important areas.
- Support @8.19 from a trend line in the weekly time frame.
- A support zone ranging from 7.56 to 7.61. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.42 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 | 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 | 36.49 | NEUTRAL | TRN.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TRN.MI is below the rising 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) | 44.88 | NEUTRAL | The RSI value for TRN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TRN.MI has a negative trend. |
| Stochastics (14,3) | 45.73 | NEUTRAL | The Stochastics value for TRN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for TRN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.54 | 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 (9/2/2025, 12:38:18 PM)
8.376
-0.12 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.39%
1 Week-1.53%
2 Weeks-1.23%
1 Month0.66%
3 Month-4.88%
6 Month9.37%
12 Month6.25%
2 Year19.16%
3 Year35.9%
5 Year42.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%1.1%
ATR Inc-11.59%
Range Today0.11
ADR(20)0.09
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.49
Mansfield-0.56
10 Day High8.75
10 Day Low8.48
20 Day High8.75
20 Day Low8.41
52 Week High9.1
52 Week Low7.46
CS1 End8.42
CR1 Start8.54
Volume & EV
DER(3)-0.25%
DER(5)-0.9%
Volume522.27K
Volume Incr6.7%
Vol(5)3.05M
Vol(50)3.03M