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TrustCo Bank Corp NY (TRST) - Buy, Sell or Hold?

Sector: Finance   Sub-Sector: Major Banks
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017DojiBearish EngulfingWed, 01 Nov 20170%
***Stock database and scans are updated around midnight (New York time) every trading day.
9.00 0.00 (0%) Nov 17 4:00pm EDT
Open: 9.00 Range: 8.90 - 9.10 Vol: 290.52K Avg Vol: 337.55K
EPS: 0.47 P/E ratio: 19.65 EBITDA: 0.00 Mkt Cap: 881.73M
Analyze "TRST" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 8.96
Medium Term: Trading is Range Bound
Last Trade is below the 20 day moving average at 9.02
Last Trade is above the 50 day moving average at 8.85
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 8.13
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of TRST

Stock Trend Analysis - Buy, Sell or Hold "TrustCo Bank Corp NY" (TRST)?

TRST is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 73% of the time spent trading above the 200 day moving average. The 50 day moving average also indicates range bound trading but with a general bullish upside bias. Even the 20 day moving average is exhibiting similar bullish bias in a trading range. For adventurous traders, once a trading range is identified, a viable strategy is to short breakouts and buy breakdowns with the expectation TRST will return into the established trading range. However, a more conservative and higher probability trade is to still buy dips as the longer term trend is still up. A good place to accummulate longs is at the 200 SMA currently near 8.13. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "TRST".

The analyst consensus estimates for the 1 year price target for this stock is $9.50* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
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