Technical Analysis for TRST - TrustCo Bank Corp NY

Grade Last Price % Change Price Change
B 27.89 -1.20% -0.34
TRST closed down 1.2 percent on Tuesday, May 7, 2024, on 74 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 21
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New Uptrend Bullish -1.20%
Stochastic Reached Overbought Strength -1.20%
Upper Bollinger Band Walk Strength -1.20%
Overbought Stochastic Strength -1.20%
Up 3 Days in a Row Strength -1.20%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 18 hours ago
Upper Bollinger Band Resistance about 19 hours ago
Possible NR7 about 19 hours ago
Rose Above Upper Bollinger Band about 21 hours ago
60 Minute Opening Range Breakout about 21 hours ago

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TrustCo Bank Corp NY Description

TrustCo Bank Corp NY operates as the holding company for Trustco Bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits, including checking and savings accounts, time deposits, interest bearing checking accounts, money market deposits, and demand deposits. It also provides commercial real estate loans and other commercial loans; residential real estate loans, including first mortgages, home equity loans, and home equity lines of credit; and other consumer loans, such as installment loans and personal lines of credit. The company, through its subsidiary, Trustco Realty Corp., operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, TrustCo Bank Corp NY provides asset and wealth management; estate planning and related advice; and custodial services, as well as acts as trustee for personal trusts, employee benefit plans, and corporate pension and profit sharing trusts. The company operates 138 banking offices and 146 automatic teller machines in New York, Florida, Vermont, Massachusetts, and New Jersey. TrustCo Bank Corp NY was founded in 1902 and is headquartered in Glenville, New York.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Bank Real Estate Investment Trust Mortgage Backed Security Mortgage Loan Real Estate Loans Demand Deposit Residential Real Estate Loans Wealth Management Custodial Services Business Banking Services Vermont

Is TRST a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 31.6767
52 Week Low 23.2069
Average Volume 73,461
200-Day Moving Average 27.61
50-Day Moving Average 27.17
20-Day Moving Average 26.92
10-Day Moving Average 27.40
Average True Range 0.64
RSI (14) 57.08
ADX 26.68
+DI 34.48
-DI 13.64
Chandelier Exit (Long, 3 ATRs) 26.56
Chandelier Exit (Short, 3 ATRs) 27.76
Upper Bollinger Bands 28.36
Lower Bollinger Band 25.48
Percent B (%b) 0.84
BandWidth 10.71
MACD Line 0.20
MACD Signal Line 0.04
MACD Histogram 0.1626
Fundamentals Value
Market Cap 530.59 Million
Num Shares 19 Million
EPS 3.08
Price-to-Earnings (P/E) Ratio 9.06
Price-to-Sales 2.81
Price-to-Book 0.83
PEG Ratio 3.73
Dividend 1.44
Dividend Yield 5.16%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.84
Resistance 3 (R3) 28.93 28.71 28.68
Resistance 2 (R2) 28.71 28.47 28.66 28.62
Resistance 1 (R1) 28.30 28.32 28.19 28.21 28.57
Pivot Point 28.08 28.08 28.03 28.03 28.08
Support 1 (S1) 27.67 27.84 27.56 27.58 27.21
Support 2 (S2) 27.45 27.69 27.40 27.16
Support 3 (S3) 27.04 27.45 27.10
Support 4 (S4) 26.95