Triton International Ltd (TRTN) Stock Technical Analysis
NYSE:TRTN - New York Stock Exchange, Inc. - BMG9078F1077 - Common Stock - Currency: USD
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 91% of 48 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 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
65.58
85.31
We found 1 important support 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.
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. |
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)
79.55
-3.4 (-4.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-4.1%
1 Week-3.98%
2 Weeks-3.87%
1 Month-4.8%
3 Month-4.46%
6 Month25.83%
12 Month45.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%0.85%
ATR Inc307.8%
Range Today4.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.17
Mansfield0.43
10 Day High84
10 Day Low79.01
20 Day High84.09
20 Day Low79.01
52 Week High84.68
52 Week Low53.31
CS1 End66.24
CR1 Start82.39
Volume & EV
DER(3)1.1%
DER(5)1.03%
Volume10.81M
Volume Incr602.75%
Vol(5)2.94M
Vol(50)688.18K