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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
TriNet Group, Inc. (NYSE:TNET)
Countertrend Down (-85) - TNET is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid TNET?
MarketClub looks at technical strength and momentum to determine if the timing is right for TNET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TNET
The long-term trend has been DOWN since Apr 26th, 2024 at 109.528
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 127.325
The short-term trend has been UP since May 7th, 2024 at 103.990
Smart Scan Analysis for TNET
Based on our trend formula, TNET is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 104.830 | 104.830 | 102.650 | 103.185 | -1.825 |
| Prev. Close | Volume | Bid | Ask | Time |
| 103.230 | 194332 | 2024-05-08 15:59:42 |
| Year High | 60.15 | Year High Date | 2018-07-31 |
| Year Low | 38.26 | Year Low Date | 2018-02-09 |
| 52wk High | 134.67 | 52wk High Date | 2024-04-04 |
| 52wk Low | 87.2 | 52wk Low Date | 2023-05-30 |
| Average Volume | 304,109 | Shares Outstanding | 50,564 |
| Market Cap | 4,366M | Assets | 396,800,000M |
| Liabilities | 382,500,000M | P/E Ratio | 16.7854 |
| Volatility | 35.53 |