42.55 USD
+0.88 (+2.11%)
42.55 USD
0 (0%)
Overall TRST gets a technical rating of 8 out of 10. Although TRST is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
TRST is one of the better performing stocks in the Banks industry, it outperforms 82% of 387 stocks in the same industry.
TRST 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 TRST has a been trading in the 36.93 - 42.98 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, TRST did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TRST has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.11
42.98
We found 5 important support areas.
- A support zone ranging from 39.47 to 40.33. 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 38.67 to 38.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.00 from a trend line in the weekly time frame.
- Support @36.19 from a trend line in the daily time frame.
- Support @28.39 from a trend line in the weekly time frame.
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 TRST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRST is up. |
| ChartMill Relative Strength | 77.13 | POSITIVE | TRST has a high relative strength, it outperformed 77.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.8 | OVERBOUGHT | The high RSI value suggests TRST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests TRST has a positive trend. |
| Stochastics (14,3) | 92.34 | OVERBOUGHT | The high Stochastics value suggests TRST may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for TRST suggests some volalility. |
| Average Directional Index/ADX (14) | 22.76 | NEUTRAL | The ADX value for TRST suggests a possible start of a new trend. |
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)
42.55
+0.88 (+2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.11%
1 Week8.39%
2 Weeks6.08%
1 Month11.27%
3 Month6.94%
6 Month37.08%
12 Month14.26%
2 Year58.53%
3 Year9.55%
5 Year40.2%
10 Year29.73%
15 Year51.15%
Volatility
ATR(14)1.09
ATR(20)%2.53%
ATR Inc-6.37%
Range Today1.06
ADR(20)1.05
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.13
3 months CRS79.95
6 months CRS87.06
Mansfield1.32
10 Day High42.98
10 Day Low38.6
20 Day High42.98
20 Day Low36.93
52 Week High42.98
52 Week Low27.18
CS1 End40.33
CR1 StartN/A
Volume & EV
DER(3)0.93%
DER(5)-0.07%
Volume123.55K
Volume Incr22.55%
Vol(5)120.37K
Vol(50)99.03K
TRUSTCO BANK CORP NY / TRST FAQ
Can you provide the ChartMill technical rating for TRUSTCO BANK CORP NY?
ChartMill assigns a technical rating of 8 / 10 to TRST.
Can you provide the trend direction for TRUSTCO BANK CORP NY?
The current trend direction for TRUSTCO BANK CORP NY (TRST) is Bullish.
Can you provide the RSI signal for TRUSTCO BANK CORP NY?
TRUSTCO BANK CORP NY (TRST) has an RSI value of 73.7984. This indicates that the stock is currently overbought.
Can you provide the MACD signal for TRUSTCO BANK CORP NY?
The MACD indicator for TRUSTCO BANK CORP NY (TRST) has a value of 0.26726, indicating a bearish trend.
Can you provide the short term momentum for TRUSTCO BANK CORP NY?
The short term momentum for TRUSTCO BANK CORP NY (TRST) is positive.