Truist Financial is a bank holding company. Through its subsidiaries, Truist Bank, Co. provides a range of banking and trust services. Co. operates and measures business activity across three segments: Consumer Banking and Wealth, which made up of retail and small business banking, consumer finance solutions and wealth; Corporate and Commercial Banking, which is made up of corporate and investment banking, commercial community banking, commercial real estate and wholesale payments; and Insurance Holdings, which is an insurance agency/brokerage networks, providing property and casualty, employee benefits and life insurance to businesses and individuals.
When researching a stock like Truist Financial, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from TFC Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for TFC stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the TFC 200 day moving average ("TFC 200 DMA"), while one of the most popular "shorter look-backs" is the TFC 50 day moving average ("TFC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Truist Financial. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the TFC 200 DMA and the TFC 50 DMA, we get a moving average convergence divergence indicator ("TFC MACD"). The TFC MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis