Country Icon

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

Sector: Finance   Sub-Sector: Major Banks
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 15 Jun 2017Gravestone DojiBullish EngulfingWed, 07 Jun 20172.6%
***Stock database and scans are updated around midnight (New York time) every trading day.
7.70 0.00 (0%) Jun 23 4:00pm EDT
Open: 7.60 Range: 7.52 - 7.80 Vol: 466.18K Avg Vol: 290.84K
EPS: 0.45 P/E ratio: 17.33 EBITDA: 0.00 Mkt Cap: 748.78M
Analyze "TRST" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 7.92
Medium Term: Trading is Range Bound
Last Trade is above the 20 day moving average at 7.67
Last Trade is below the 50 day moving average at 7.80
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 7.85
* 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 very strong uptrend. In the last 52 weeks, TRST has been trading above the 200 day moving average for 93% of the time with an average daily volume of 290.8K shares being traded. For the medium term however, the 50 day moving average is indicating a trading range with a bearish downward bias. TRST's upward trend appears to be weakening but it is still not confirmed by the 200 SMA. Confidence in the buy the dips strategy seems to be waning. The 20 day moving average seems to be confirming the 50 SMA as it is also indicating a trading range but however with a slightly bullish bias. As the long term trend is still up strongly, underlying strength in the 20 and 50 SMA can be used to time taking long/buy positions in TRST. Some good levels to consider entering long positions in TRST are at the 50 and 200 SMAs currently at 7.80 and 7.85 respectively. 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 $8.50* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 15 Jun 2017
Finance Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
LAZLazard LTD.Buy, Sell or HoldTrading Levels & Pivots
SBSISouthside Bancshares, Inc.Buy, Sell or HoldTrading Levels & Pivots
HARLHarleysville Savings BankBuy, Sell or HoldTrading Levels & Pivots
MFCManulife Financial CorpBuy, Sell or HoldTrading Levels & Pivots
FFDFFFD Financial CorporationBuy, Sell or HoldTrading Levels & Pivots
FDEFFirst Defiance Financial Corp.Buy, Sell or HoldTrading Levels & Pivots
RBSRoyal Bank Scotland Group PlcBuy, Sell or HoldTrading Levels & Pivots
FCNCAFirst Citizens BancShares, Inc.Buy, Sell or HoldTrading Levels & Pivots
FABKFirst Advantage BancorpBuy, Sell or HoldTrading Levels & Pivots
METMetLife, Inc.Buy, Sell or HoldTrading Levels & Pivots