Technical Analysis for TRST - TrustCo Bank Corp NY

Grade Last Price % Change Price Change
C 29.65 0.37% 0.11
TRST closed up 0.37 percent on Friday, May 17, 2024, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. 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.
Earnings due: May 21
*** please verify all earnings dates ***
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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
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bearish Other 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%

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TrustCo Bank Corp NY Description

TrustCo Bank Corp NY operates as the holding company for Trustco Bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits, including checking and savings accounts, time deposits, interest bearing checking accounts, money market deposits, and demand deposits. It also provides commercial real estate loans and other commercial loans; residential real estate loans, including first mortgages, home equity loans, and home equity lines of credit; and other consumer loans, such as installment loans and personal lines of credit. The company, through its subsidiary, Trustco Realty Corp., operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, TrustCo Bank Corp NY provides asset and wealth management; estate planning and related advice; and custodial services, as well as acts as trustee for personal trusts, employee benefit plans, and corporate pension and profit sharing trusts. The company operates 138 banking offices and 146 automatic teller machines in New York, Florida, Vermont, Massachusetts, and New Jersey. TrustCo Bank Corp NY was founded in 1902 and is headquartered in Glenville, New York.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Bank Real Estate Investment Trust Mortgage Backed Security Mortgage Loan Real Estate Loans Demand Deposit Residential Real Estate Loans Wealth Management Custodial Services Business Banking Services Vermont

Is TRST 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 31.6767
52 Week Low 23.2069
Average Volume 70,418
200-Day Moving Average 27.59
50-Day Moving Average 27.38
20-Day Moving Average 27.93
10-Day Moving Average 28.60
Average True Range 0.59
RSI (14) 68.85
ADX 36.66
+DI 41.93
-DI 9.51
Chandelier Exit (Long, 3 ATRs) 28.35
Chandelier Exit (Short, 3 ATRs) 27.62
Upper Bollinger Bands 29.59
Lower Bollinger Band 26.27
Percent B (%b) 1.02
BandWidth 11.90
MACD Line 0.56
MACD Signal Line 0.36
MACD Histogram 0.1978
Fundamentals Value
Market Cap 564.07 Million
Num Shares 19 Million
EPS 3.08
Price-to-Earnings (P/E) Ratio 9.63
Price-to-Sales 2.81
Price-to-Book 0.83
PEG Ratio 3.73
Dividend 1.44
Dividend Yield 4.86%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.46
Resistance 3 (R3) 30.53 30.32 30.33
Resistance 2 (R2) 30.32 30.12 30.29 30.28
Resistance 1 (R1) 29.99 29.99 29.89 29.92 30.23
Pivot Point 29.78 29.78 29.73 29.75 29.78
Support 1 (S1) 29.45 29.58 29.35 29.38 29.07
Support 2 (S2) 29.24 29.45 29.21 29.02
Support 3 (S3) 28.91 29.24 28.98
Support 4 (S4) 28.84