Taking everything into account, TRST scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, TRST also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 41.52, a Stop Loss order could be placed below this zone.
More info and screens
37.35
We found 3 important support areas.
- A support zone ranging from 40.98 to 41.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.01 from a trend line in the weekly time frame.
- A support zone ranging from 37.73 to 37.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 44.39 to 44.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for TRST is neutral. |
| ChartMill Relative Strength | 84.83 | POSITIVE | TRST has a high relative strength, it outperformed 84.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRST is below a declining 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) | 46.74 | NEUTRAL | The RSI value for TRST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests TRST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.32 | NEUTRAL | The Stochastics value for TRST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for TRST suggests some volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for TRST suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 42.64 | 40.97 | 1.67 (3.92%) | 25.00% |
| An entry @42.64. This is a Buy Stop order right above the 10 day high. | An exit @40.97. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.67 points, which is 3.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- 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.
41.62
-0.07 (-0.17%)
TRUSTCO BANK CORP NY / TRST FAQ
Can you provide the ChartMill technical rating for TRUSTCO BANK CORP NY?
ChartMill assigns a technical rating of 7 / 10 to TRST.
What is the current trend direction of TRUSTCO BANK CORP NY (TRST) stock?
The current trend direction for TRUSTCO BANK CORP NY (TRST) is Bullish.
What is the RSI signal for TRUSTCO BANK CORP NY (TRST) stock?
TRUSTCO BANK CORP NY (TRST) has an RSI value of 46.7385. This indicates that the stock is currently neutral.
What is the MACD signal for TRUSTCO BANK CORP NY (TRST) stock?
The MACD indicator for TRUSTCO BANK CORP NY (TRST) has a value of -0.191403, indicating a bearish trend.