Europe - BIT:TRN - IT0003242622 - Common Stock
We assign a technical rating of 1 out of 10 to TRN. TRN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TRN has a poor technical rating and the quality of the setup is also not perfect 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.
7.13
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for TRN.MI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRN.MI is neutral. |
ChartMill Relative Strength | 38.15 | NEUTRAL | TRN.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRN.MI is below a declining 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) | 48.65 | 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) | 48.93 | NEUTRAL | The Stochastics value for TRN.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for TRN.MI suggests low volalility. |
Average Directional Index/ADX (14) | 15.17 | NEGATIVE | The low ADX value for TRN.MI suggests a weak or negative trend. |
BIT:TRN (9/24/2025, 5:36:15 PM)
8.438
-0.01 (-0.14%)