TRUSTCO BANK CORP NY (TRST) Stock Technical Analysis
NASDAQ:TRST - Nasdaq - US8983492047 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TRST. TRST has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
TRST is one of the lesser performing stocks in the Banks industry. 63% of 398 stocks in the same industry do better.
TRST is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so TRST is not an exception.
TRST is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When compared to the yearly performance of all other stocks, TRST outperforms 54% of them, which is more or less in line with the market.
TRST has a bad technical rating, but it does show 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 30.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.56, a Stop Loss order could be placed below this zone.
More info and screens
27.28
32.76
When analyzing the support we notice one important area.
- A support zone ranging from 27.56 to 27.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 30.04 to 31.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.44 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.54
Mansfield-0.38
10 Day High30.05
10 Day Low27.18
20 Day High31.64
20 Day Low27.18
52 Week High38.89
52 Week Low26.14
Performance
1 Week2.08%
2 Weeks-0.56%
1 Month-7.01%
3 Month-11.48%
6 Month-15.62%
12 Month5.9%
2 Year-4.42%
3 Year-8.44%
5 Year-9.46%
10 Year-14.48%
15 Year-14.23%
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
RSI(14)41.22
LBB26.7
UBB30.81
NASDAQ:TRST (4/21/2025, 1:28:58 PM)
28.26
-0.26 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.91%
1 Week2.08%
2 Weeks-0.56%
1 Month-7.01%
3 Month-11.48%
6 Month-15.62%
12 Month5.9%
2 Year-4.42%
3 Year-8.44%
5 Year-9.46%
10 Year-14.48%
15 Year-14.23%
Volatility
ATR(14)1.33
ATR(20)%4.28%
ATR Inc-47.23%
Range Today0.35
ADR(20)1.16
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.54
Mansfield-0.38
10 Day High30.05
10 Day Low27.18
20 Day High31.64
20 Day Low27.18
52 Week High38.89
52 Week Low26.14
CS1 End27.56
CR1 Start30.04
Volume & EV
DER(3)2.79%
DER(5)0.84%
Volume32.23K
Volume Incr-7.95%
Vol(5)99.16K
Vol(50)96.10K