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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Truist Financial Corporation (NYSE:TFC)

Strong Uptrend (+100) - TFC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TFC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid TFC?

MarketClub looks at technical strength and momentum to determine if the timing is right for TFC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_TFC
Open High Low TFC Price Change
38.840 39.660 38.800 39.425 +0.315
Entry Signal

MarketClub’s Trade Triangles for TFC

long term up The long-term trend has been UP since Dec 1st, 2023 at 32.71

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 39.21

short term up The short-term trend has been UP since May 3rd, 2024 at 38.80

Smart Scan Analysis for TFC

Based on our trend formula, TFC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for TFC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.840 39.660 38.800 39.425 +0.315
Prev. Close Volume Bid Ask Time
39.390 5102449 2024-05-08 15:59:34
52wk High40.34552wk High Date2024-05-07
52wk Low26.4952wk Low Date2023-05-11
Average Volume8,942,737Shares Outstanding1,334,530
Assets535,349,000MLiabilities476,248,000M
P/E Ratio8.7462
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