TERNA-RETE ELETTRICA NAZIONA (TRN.MI) Technical Analysis
BIT:TRN • IT0003242622
Current stock price
TRN.MI Technical Rating and Analysis
Overall TRN gets a technical rating of 7 out of 10. Although TRN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- TRN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- TRN has an average volume of 3970720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, TRN turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- TRN is part of the Electric Utilities industry. There are 20 other stocks in this industry, TRN did better than 57% of them.
- In the last month TRN has a been trading in a tight range between 9.83 and 10.35.
TRN.MI Weekly and Daily overview Charts
TRN.MI Setup Rating and Analysis
Besides having an excellent technical rating, TRN also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.20, a Stop Loss order could be placed below this zone.
More info and screens
TRN.MI Support and Resistance Analysis
8.54
We found 6 important support areas.
- A support zone ranging from 10.14 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.89 to 9.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.36 to 9.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.20 from a trend line in the daily time frame.
- A support zone ranging from 8.82 to 8.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.33 to 10.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
TRN.MI Technical Indicator Signal Analysis
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 | 65.82 | 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) | 57.13 | 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) | 70.63 | NEUTRAL | The Stochastics value for TRN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for TRN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 11.67 | NEGATIVE | The low ADX value for TRN.MI suggests a weak or negative trend. |
TRN.MI Chart- and CandleStick Pattern Analysis
TRN.MI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.34 | 10.13 | 0.21 (2.03%) | 25.00% |
| An entry @10.34. This is a Buy Stop order right above the resistance zone. | An exit @10.13. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 2.03%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TRN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TRN.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:TRN (4/30/2026, 7:00:00 PM)
10.25
+0.18 (+1.79%)
TERNA-RETE ELETTRICA NAZIONA / TRN.MI TA FAQ
What is the ChartMill technical rating of TERNA-RETE ELETTRICA NAZIONA (TRN.MI) stock?
ChartMill assigns a technical rating of 7 / 10 to TRN.MI.
What is the current trend direction of TERNA-RETE ELETTRICA NAZIONA (TRN.MI) stock?
The current trend direction for TERNA-RETE ELETTRICA NAZIONA (TRN.MI) is Bullish.
What is the RSI signal for TRN stock?
TERNA-RETE ELETTRICA NAZIONA (TRN.MI) has an RSI value of 57.1343. 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 -0.00599342, indicating a bearish trend.
Can you provide the short term momentum for TERNA-RETE ELETTRICA NAZIONA?
The short term momentum for TERNA-RETE ELETTRICA NAZIONA (TRN.MI) is neutral.