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Archive - 8/22/2025 - Sign In to see current Signals. |
Truist Fin (TFC) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Truist Fin (TFC). During the week, the TFC gained 1.49 points, or 3.35%, and closed at 45.91 on Friday, August 22, 2025. Weekly volume was -29% below average. TFC is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See TFC long-term trend chart] A long-term uptrend had started on May 4, 2023 at 25.56 and reached 49.06 on November 25, 2024. TFC gained -23.50 points, or -91.94%, in 81 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 35.08 and resistance is at 56.20. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See TFC medium-term trend chart] A medium-term downtrend had started on November 25, 2024 at 49.06 and reached 33.56 on April 7, 2025. TFC lost 15.50 points, or 31.59%, in 19 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (46.35). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See TFC weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since June 20, 2025. Use the following link to access a MACD help.
Short-term trend: [See TFC short-term trend chart] A short-term uptrend had started on August 21, 2025 at 43.75 and reached 46.00 on August 22, 2025. TFC gained -2.25 points, or -5.14%, in 1 days. Price is near the trend high.
Daily Technical Indicators: [See TFC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since August 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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