TERNA-RETE ELETTRICA NAZIONA (TRN.MI) Stock Technical Analysis
BIT:TRN • IT0003242622
Overall TRN gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TRN is only an average performer.
- The long and short term trends are both positive. This is looking good!
- TRN is part of the Electric Utilities industry. There are 28 other stocks in this industry. TRN outperforms 70% of them.
- TRN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TRN has a been trading in the 9.06 - 10.23 range, which is quite wide. It is currently trading near the high of this range.
- TRN has an average volume of 3509870 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 68% of them, which is more or less in line with the market.
Although TRN has an excellent technical rating, the quality of the presented setup is not ideal 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
4 important support areas can be observed.
- A support zone ranging from 10.01 to 10.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.16 from a trend line in the weekly time frame.
- A support zone ranging from 8.58 to 8.98. 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 10.21 to 10.21. 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 | 68.36 | 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) | 74.09 | OVERBOUGHT | The high RSI value suggests TRN.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TRN.MI has a positive trend. |
| Stochastics (14,3) | 92.91 | OVERBOUGHT | The high Stochastics value suggests TRN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for TRN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 32.61 | POSITIVE | The high ADX value value for TRN.MI suggests a strong trend. |
BIT:TRN (2/27/2026, 7:00:00 PM)
10.2
+0.09 (+0.94%)
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 8 / 10 to TRN.MI.
Can you provide the trend direction for TERNA-RETE ELETTRICA NAZIONA?
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 74.086. This indicates that the stock is currently overbought.
What is the short term momentum for TRN stock?
The short term momentum for TERNA-RETE ELETTRICA NAZIONA (TRN.MI) is positive.
What is the buy/sell signal for TERNA-RETE ELETTRICA NAZIONA (TRN.MI) stock?
The buy/sell signal for TERNA-RETE ELETTRICA NAZIONA (TRN.MI) is buy as both the short term and long term trends are positive.