TERNA-RETE ELETTRICA NAZIONA (TRN.MI) Stock Technical Analysis
BIT:TRN - Euronext Milan - IT0003242622 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to TRN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRN is showing a nice and steady performance.
TRN is one of the lesser performing stocks in the Electric Utilities industry. 64% of 15 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TRN did better than 75% of all other stocks. On top of that, TRN also shows a nice and consistent pattern of rising prices.
TRN is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month TRN has a been trading in the 7.69 - 8.83 range, which is quite wide. It is currently trading near the high of this range.
TRN has an average volume of 5645540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TRN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.67. Right above this resistance zone may be a good entry point.
More info and screens
7.15
8.87
We found 5 important support areas.
- A support zone ranging from 8.13 to 8.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.91 from a trend line in the weekly time frame.
- A support zone ranging from 7.57 to 7.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.42 to 7.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.22 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.67 to 8.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.14
Mansfield0.98
10 Day High8.79
10 Day Low8.34
20 Day High8.83
20 Day Low7.69
52 Week High8.83
52 Week Low7.16
Performance
1 Week1.33%
2 Weeks3.84%
1 Month3.62%
3 Month8.69%
6 Month8.17%
12 Month15.88%
2 Year10.52%
3 Year9.71%
5 Year42.6%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)60.45
LBB7.99
UBB8.9
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 |
|---|---|---|---|
| 8.79 | 8.33 | 0.46 (5.23%) | 19.11% |
| An entry @8.79. This is a Buy Stop order right above the resistance zone. | An exit @8.33. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.46 points, which is 5.23%. | For a 1.00% total portfolio risk, you can invest 19.11% of your capital in this trade. |
- 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.
BIT:TRN (5/2/2025, 5:36:15 PM)
8.656
-0.11 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.28%
1 Week1.33%
2 Weeks3.84%
1 Month3.62%
3 Month8.69%
6 Month8.17%
12 Month15.88%
2 Year10.52%
3 Year9.71%
5 Year42.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%2.44%
ATR Inc-6.52%
Range Today0.18
ADR(20)0.19
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.14
Mansfield0.98
10 Day High8.79
10 Day Low8.34
20 Day High8.83
20 Day Low7.69
52 Week High8.83
52 Week Low7.16
CS1 End8.2
CR1 Start8.67
Volume & EV
DER(3)-0.55%
DER(5)-0.43%
Volume1.91M
Volume Incr-52.81%
Vol(5)3.09M
Vol(50)5.65M