Triton International Ltd (TRTN) Technical Analysis
NYSE:TRTN • BMG9078F1077
Current stock price
TRTN Technical Rating and Analysis
Overall TRTN gets a technical rating of 4 out of 10. 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 88% of 46 stocks in the same industry.
- TRTN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRTN is lagging the market slightly.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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
When analyzing the support we notice one important area.
- Support @66.24 from a trend line in the weekly time frame.
We found 1 important resistance 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 Triton International Ltd (TRTN) stock?
Triton International Ltd (TRTN) has an RSI value of 18.6803. This indicates that the stock is currently oversold.
What is the MACD signal for TRTN stock?
The MACD indicator for Triton International Ltd (TRTN) has a value of -0.18495, indicating a bearish trend.
What is the support and resistance level for TRTN stock?
Triton International Ltd (TRTN) has a support level at 66.24 and a resistance level at 82.39. Check the full technical report for our detailed analysis of TRTN support and resistance levels.