Truist Financial Corp Stock Technical Analysis

TFC Stock  USD 38.98  0.39  1.01%   
As of the 29th of March, Truist Financial has the Risk Adjusted Performance of 0.05, semi deviation of 1.42, and Coefficient Of Variation of 1277.73. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Truist Financial Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Truist Financial Corp, which can be compared to its competition. Please validate Truist Financial Corp jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Truist Financial is priced more or less accurately, providing market reflects its prevalent price of 38.98 per share. Given that Truist Financial Corp has jensen alpha of (0.08), we advise you to double-check Truist Financial Corp's current market performance to make sure the company can sustain itself at a future point.

Truist Financial Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Truist, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Truist
  
Truist Financial's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Truist Financial Analyst Consensus

Target PriceAdvice# of Analysts
34.27Buy23Odds
Truist Financial Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Truist analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Truist stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Truist Financial Corp, talking to its executives and customers, or listening to Truist conference calls.
Truist Analyst Advice Details
Truist Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Truist Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Truist Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Truist Financial Corp Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Truist Financial Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Truist Financial Corp Trend Analysis

Use this graph to draw trend lines for Truist Financial Corp. You can use it to identify possible trend reversals for Truist Financial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Truist Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Truist Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Truist Financial Corp applied against its price change over selected period. The best fit line has a slop of    , which may imply that Truist Financial Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.86, which is the sum of squared deviations for the predicted Truist Financial price change compared to its average price change.

About Truist Financial Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Truist Financial Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Truist Financial Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Truist Financial Corp price pattern first instead of the macroeconomic environment surrounding Truist Financial Corp. By analyzing Truist Financial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Truist Financial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Truist Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03640.05230.06370.0669
Price To Sales Ratio3.392.571.481.4

Truist Financial March 29, 2024 Technical Indicators

Most technical analysis of Truist help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Truist from various momentum indicators to cycle indicators. When you analyze Truist charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Truist Financial March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Truist stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Truist Financial Corp information on this page should be used as a complementary analysis to other Truist Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Truist Stock analysis

When running Truist Financial's price analysis, check to measure Truist Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Truist Financial is operating at the current time. Most of Truist Financial's value examination focuses on studying past and present price action to predict the probability of Truist Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truist Financial's price. Additionally, you may evaluate how the addition of Truist Financial to your portfolios can decrease your overall portfolio volatility.
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Is Truist Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Truist Financial. If investors know Truist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Truist Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
2.08
Earnings Share
(1.09)
Revenue Per Share
15.977
Quarterly Revenue Growth
(0.11)
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.