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Takip Edin: @UscMarketsTFC Stock Forecast & Truist Financial Corporation Chart Analysis
This article provides a detailed analysis of TFC-Truist Financial Corporation stock including a forecast for TFC shares. It features Truist Financial Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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TFC Historical Data Review
TFC Current Price Performance Analysis
The Truist Financial Corporation - TFC stock traded on the American stock market, on 06-05-2024, closed at 36.63$ with a %-0.05 decreased compared to the previous day.
In the last month, the price of TFC changed by %-7.08 decreased in value, from 39.42 dollars on 05-06-2024 to 36.63 dollars, decreased.
Last year, the price of TFC was 33.05 dollars on 06-06-2023, and changed by %10.83 increased in value, to 36.63 dollars increased within a year.
The price of Truist Financial Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
TFC with AI Stock Forecast & Price Target
On the TFC chart Truist Financial Corporation price was recorded as 36.63 Dollars on 06/05/2024.
The artificial intelligence's forecast on TFC stock is as follows.
The artificial intelligence's prediction error margin for TFC stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Truist Financial Corporation stock over the next 4 months is: 35.1 Dollars.
The commentary on TFC stock Target Price: Highest: 37.92 Dollars is predicted.
The commentary on TFC stock Target Price: Lowest: 33.517 Dollars is predicted.
Resistance Price where Truist Financial Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 37.920 |
| 10-03-2024 | 36.179 |
| 12-12-2024 | 36.805 |
| 02-20-2025 | 34.469 |
Support Price where Truist Financial Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 33.526 |
| 11-07-2024 | 33.535 |
| 02-05-2025 | 34.431 |
| 03-27-2025 | 33.517 |
The commentary on TFC stock: The target price can generally be said to be on the decline.
The commentary on TFC stock: Fluctuations in the target price can be expected in the coming days.
The target price for Truist Financial Corporation stock by the end of 2024 is predicted to be 36.289 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on TFC stock, and the 2024 target price predictions for Truist Financial Corporation are detailed above.
The technical analysis and charts for the commentary on TFC stock are below.
TFC Support & Resistance and Trend Analysis
TFC stock you have reviewed the technical analysis support resistance charts regarding.
TFC : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the TFC review, the Truist Financial Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Truist Financial Corporation Support and Resistance Prices:
| TFC Support Level Price | TFC Resistance Level Price |
|---|---|
| 28.93 | 32.18 |
| 31.23 | 33.63 |
| 34.23 | 36.51 |
| 34.26 | 36.52 |
| 34.51 | 37.83 |
| 35.09 | 38.01 |
| 35.77 | 38.47 |
| 35.84 | 38.55 |
| 36.62 | 39.23 |
| 36.79 | 39.29 |
| 40.35 | |
| 40.51 |
TFC Technical Analysis: SMA, RSI, MACD
Upon reviewing the TFC chart, buy and sell signals have been generated in the Truist Financial Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for TFC stock are as follows:- TFC technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Truist Financial Corporation gave a 'Buy' signal when the RSI was at 21.138, with the current RSI value at 21.138.
- The technical analysis for Truist Financial Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Truist Financial Corporation stock: Click here to read more predictions on D.R. Horton stock.
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