Technical Analysis for TNET - TriNet Group, Inc.

Grade Last Price % Change Price Change
F 105.72 -16.61% -21.06
TNET closed down 16.61 percent on Friday, April 26, 2024, on 3.29 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Earnings Movers Other 0.00%
Multiple of Ten Bearish Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 16 hours ago
Gapped Down (Full) about 20 hours ago
2x Volume Pace about 20 hours ago
1.5x Volume Pace about 20 hours ago
Down 5% about 20 hours ago

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Profile

TriNet Group, Inc. Description

TriNet Group, Inc. provides human resources outsourcing services to small and mid-sized businesses in the United States and Canada. It offers payroll services and tax administration; risk protection and compliance; employee benefits plans, including retirements services; online self-service tools, such as HR Insight, and enterprise-class HR analytics reporting tool, and HR Passport Mobile App, a mobile application. The company also provides strategic services, which include performance management, embracing leadership, talent acquisition, career transitions, corporate ethics program, team accelerator, compensation consulting, time and attendance, and expense management. It serves banking and financial services, biotech and life sciences, technology, non-profits, professional services, venture capital, and advertising and marketing industries. The company has strategic partnerships with General Atlantic, Oracle-Peoplesoft, Transamerica Retirement Services, Fidelity Investments/PlanRight Administration, SuccessFactors, and SVB (Silicon Valley Bank). TriNet Group, Inc. was formerly known as TriNet VCO. The company was founded in 1988 and is headquartered in San Leandro, California.


Classification

Sector: Industrials
Industry: Business Services
Keywords: Banking Venture Capital Human Resources Employee Benefits Retirement Services Expense Management Payroll Services

Is TNET 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 134.67
52 Week Low 87.0352
Average Volume 235,339
200-Day Moving Average 115.62
50-Day Moving Average 127.56
20-Day Moving Average 128.22
10-Day Moving Average 125.99
Average True Range 3.97
RSI (14) 19.35
ADX 19.35
+DI 12.45
-DI 52.51
Chandelier Exit (Long, 3 ATRs) 122.75
Chandelier Exit (Short, 3 ATRs) 117.38
Upper Bollinger Bands 139.21
Lower Bollinger Band 117.23
Percent B (%b) -0.52
BandWidth 17.14
MACD Line -1.75
MACD Signal Line 0.08
MACD Histogram -1.8331
Fundamentals Value
Market Cap 5.34 Billion
Num Shares 50.5 Million
EPS 6.00
Price-to-Earnings (P/E) Ratio 17.62
Price-to-Sales 1.17
Price-to-Book 568.87
PEG Ratio 3.26
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 119.08
Resistance 3 (R3) 120.48 117.42 116.85
Resistance 2 (R2) 117.42 114.02 116.72 116.11
Resistance 1 (R1) 111.57 111.92 110.04 110.17 115.37
Pivot Point 108.52 108.52 107.75 107.82 108.52
Support 1 (S1) 102.67 105.11 101.14 101.27 96.07
Support 2 (S2) 99.61 103.01 98.91 95.33
Support 3 (S3) 93.76 99.61 94.59
Support 4 (S4) 92.36