Trustco Bank Corp Stock Technical Analysis

TRST Stock  USD 36.42  0.23  0.64%   
As of the 11th of December 2024, TrustCo Bank has the Risk Adjusted Performance of 0.074, coefficient of variation of 1073.42, and Semi Deviation of 1.3. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TrustCo Bank Corp, as well as the relationship between them.

TrustCo Bank Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TrustCo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TrustCo
  
TrustCo Bank's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

TrustCo Bank Analyst Consensus

Target PriceAdvice# of Analysts
26.0Strong Sell0Odds
TrustCo Bank Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most TrustCo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand TrustCo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of TrustCo Bank Corp, talking to its executives and customers, or listening to TrustCo conference calls.
TrustCo Analyst Advice Details
TrustCo Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of TrustCo Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TrustCo Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

TrustCo Bank Corp Technical Analysis

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Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of TrustCo Bank Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

TrustCo Bank Corp Trend Analysis

Use this graph to draw trend lines for TrustCo Bank Corp. You can use it to identify possible trend reversals for TrustCo Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual TrustCo Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

TrustCo Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for TrustCo Bank Corp applied against its price change over selected period. The best fit line has a slop of   0.09  , which means TrustCo Bank Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 297.38, which is the sum of squared deviations for the predicted TrustCo Bank price change compared to its average price change.

About TrustCo Bank Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of TrustCo Bank Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of TrustCo Bank Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TrustCo Bank Corp price pattern first instead of the macroeconomic environment surrounding TrustCo Bank Corp. By analyzing TrustCo Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of TrustCo Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to TrustCo Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0410.03750.04640.0473
Price To Sales Ratio3.63.793.114.0

TrustCo Bank December 11, 2024 Technical Indicators

Most technical analysis of TrustCo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TrustCo from various momentum indicators to cycle indicators. When you analyze TrustCo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

TrustCo Bank December 11, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as TrustCo stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for TrustCo Stock Analysis

When running TrustCo Bank's price analysis, check to measure TrustCo Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TrustCo Bank is operating at the current time. Most of TrustCo Bank's value examination focuses on studying past and present price action to predict the probability of TrustCo Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrustCo Bank's price. Additionally, you may evaluate how the addition of TrustCo Bank to your portfolios can decrease your overall portfolio volatility.