Triton International Ltd (TRTN) Technical Analysis
NYSE:TRTN • BMG9078F1077
Current stock price
TRTN Technical Rating and Analysis
Taking everything into account, TRTN scores 4 out of 10 in our technical rating. Although TRTN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month TRTN has a been trading in the 79.01 - 84.09 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, TRTN did better than 90% of all other stocks.
- TRTN is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 95% of 47 stocks in the same industry.
- TRTN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TRTN is performing more or less in line with the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Volume is considerably higher in the last couple of days.
TRTN Weekly and Daily overview Charts
TRTN Setup Rating and Analysis
TRTN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TRTN Support and Resistance Analysis
65.58
We found 1 important support area.
- Support @66.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 82.39 to 84.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TRTN Technical Indicator Signal Analysis
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 TRTN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRTN is neutral. |
| ChartMill Relative Strength | 90.17 | POSITIVE | TRTN has a high relative strength, it outperformed 90.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRTN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRTN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRTN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 18.68 | OVERSOLD | The low RSI value suggests TRTN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TRTN has a negative trend. |
| Stochastics (14,3) | 33.26 | NEUTRAL | The Stochastics value for TRTN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for TRTN suggests low volalility. |
| Average Directional Index/ADX (14) | 21.82 | NEUTRAL | The ADX value for TRTN suggests a possible start of a new trend. |
TRTN Chart- and CandleStick Pattern Analysis
TRTN Technicals: Chart, Performance Metrics, Trend & Indicators
79.55
-3.4 (-4.1%)
Triton International Ltd / TRTN TA FAQ
What is the technical rating for TRTN stock?
ChartMill assigns a technical rating of 3 / 10 to TRTN.
Can you provide the trend direction for Triton International Ltd?
The current trend direction for Triton International Ltd (TRTN) is Bearish.
What is the RSI signal for TRTN stock?
Triton International Ltd (TRTN) has an RSI value of 18.6803. This indicates that the stock is currently oversold.
What is the short term momentum for Triton International Ltd (TRTN) stock?
The short term momentum for Triton International Ltd (TRTN) is neutral.