Technical Analysis for TFC - Truist Financial Corporation

Grade Last Price % Change Price Change
A 40.20 0.05% 0.02
TFC closed up 2.01 percent on Wednesday, May 15, 2024, on 73 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.05%
New 52 Week High Strength 0.05%
Multiple of Ten Bullish Other 0.05%
Gapped Up Strength 0.05%
Overbought Stochastic Strength 0.05%
NR7 Range Contraction 2.06%
Inside Day Range Contraction 2.06%
Gapped Up Strength 2.06%
Overbought Stochastic Strength 2.06%
New Uptrend Bullish 2.60%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 2 hours ago
Rose Above Previous Day's High about 6 hours ago
New 52 Week High about 6 hours ago
60 Minute Opening Range Breakout about 24 hours ago
Possible NR7 1 day ago

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Profile

Truist Financial Corporation (NYSE: TFC) is a purpose-driven company dedicated to building a better future for its clients, teammates and communities. With 275 years of combined BB&T and SunTrust history, Truist is one of the nation's largest financial services holding companies offering a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending and wealth management. Headquartered in Charlotte, North Carolina, Truist serves approximately 10 million households with leading market share in many high-growth markets in the country.
Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: S&P 500 Bank Commercial Banking Asset Management Wealth Management First Bancorp Small Business Holding Companies Institutional Banking Corporate And Institutional Banking Truist Financial

Is TFC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 40.19
52 Week Low 25.3939
Average Volume 8,522,599
200-Day Moving Average 32.82
50-Day Moving Average 37.28
20-Day Moving Average 38.16
10-Day Moving Average 38.99
Average True Range 0.85
RSI (14) 67.95
ADX 28.46
+DI 33.76
-DI 11.55
Chandelier Exit (Long, 3 ATRs) 37.63
Chandelier Exit (Short, 3 ATRs) 37.19
Upper Bollinger Bands 40.41
Lower Bollinger Band 35.90
Percent B (%b) 0.95
BandWidth 11.81
MACD Line 0.73
MACD Signal Line 0.56
MACD Histogram 0.1734
Fundamentals Value
Market Cap 53.59 Billion
Num Shares 1.33 Billion
EPS -1.09
Price-to-Earnings (P/E) Ratio -36.86
Price-to-Sales 2.25
Price-to-Book 0.91
PEG Ratio 2.54
Dividend 2.08
Dividend Yield 5.18%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.95
Resistance 3 (R3) 40.87 40.53 40.82
Resistance 2 (R2) 40.53 40.33 40.57 40.78
Resistance 1 (R1) 40.36 40.21 40.44 40.44 40.74
Pivot Point 40.02 40.02 40.06 40.06 40.02
Support 1 (S1) 39.84 39.82 39.93 39.92 39.62
Support 2 (S2) 39.50 39.70 39.54 39.58
Support 3 (S3) 39.33 39.50 39.54
Support 4 (S4) 39.41