US stock / ETF

Truist Financial Corporation

TFC · NYSE · USD

12 hoursBearish89%
12h Downside probability 89%Bearish

TFC 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $51.25 and stabilize above resistance $53.46.

Invalidation Trigger

Break above $53.46 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 40.9, MACD -0.171

12h
Volatility EnvironmentRange
Low volatility

ATR is $0.7656 (1.52%)

12h

EMA Structure

Bearish
EMA 8$50.6Bearish
EMA 21$51.25Bearish
EMA 50$51.47Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.9 · MACD -0.171

Momentum is weak

Strength
Bearish
Volatility
ATR $0.7656 · BB 8.40%

Low volatility

Strength
Range
Volume
MFI 33.2 · OBV 0.30%

Relative to 20-period average volume

Strength
Range
Price Levels
$49.86 - $53.46

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.46% · 4.9 ATR above latest close

$54.23
Nearest resistance

+5.95% · 3.9 ATR above · 34-bar high

$53.46
Current price

Price shown is delayed

$50.46
Nearest support

-1.19% · 0.8 ATR below · 34-bar low

$49.86
Deeper support zone

-2.7% · 1.8 ATR below latest close

$49.09
ATR zone

Latest close ± ATR14

$49.69 - $51.22

Indicators

Trend

Dow Theory Structure

Confirmation $49.86, invalidation $51.39

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

17.6 / 20.8 / 30.6Bearish
Supertrend (10,3)

Price is above Supertrend

$48.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$51.14 / $52.06Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Low volatility

$0.7656 (1.52%)Range
Bollinger Bands (20,2)

Width 8.40%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$52.83 / $49.61Range
ATR channel lower / upper

Current Volatility Envelope

$49.69 / $51.22Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$53.46Range
Support

Nearest Downside Decision Level

$49.86Range

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-0.171Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 11.1Bullish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Balanced zone

-67.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.2Bearish
OBV slope

20-period OBV slope

0.30%Bullish
Volume ratio

Relative to 20-period average volume

0.28xBearish

Trend

Dow Theory Structure

Confirmation $49.86, invalidation $51.39

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

17.6 / 20.8 / 30.6Bearish
Supertrend (10,3)

Price is above Supertrend

$48.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$51.14 / $52.06Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-0.171Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 11.1Bullish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Balanced zone

-67.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.7656 (1.52%)Range
Bollinger Bands (20,2)

Width 8.40%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$52.83 / $49.61Range
ATR channel lower / upper

Current Volatility Envelope

$49.69 / $51.22Range

Volume / Money Flow

MFI (14)

Money flow is weak

33.2Bearish
OBV slope

20-period OBV slope

0.30%Bullish
Volume ratio

Relative to 20-period average volume

0.28xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$53.46Range
Support

Nearest Downside Decision Level

$49.86Range

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