Uptrend Under Pressure 93
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 93/100 · 7 distribution days (SPY) Sep 11 Full briefing →
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TFC · Truist Financial Corporation

$50.33 +0.36% Sep 10 close
Detected setup Trend Only · Setup Score 55/100

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

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$TFC

Truist Financial Corporation

Truist Financial Corporation is a large-cap Regional Banks company in the Finance sector with a market cap of $61B.

Finance Regional Banks stock Stage 2 · Advancing Base 1
$50.33 latest close
Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $TFC. Every level, score and criterion below is computed from the Sep 10 close session (1 session old), and may no longer hold.

Historical verdict · setup score 55/100 · data Sep 10 close · 1 session old

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

Earnings

Normal technical setup

Next earnings Friday, October 16, 2026 Report time not confirmed by the source

Deterministic evidence

TFC+0.36%
Sector proxy · XLF-0.33%
Broad market · SPY-0.60%
Same completed session window ending 2026-09-10. TFC was +0.69 points vs XLF. +0.96 points vs SPY.

Session internals Strong momentum

Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.

Vs prior close+0.36% From the open+0.00% Range position80% GapNo gap
QQQ confirmationDiverging (-1.06%) SMH confirmationDiverging (-2.44%)
Short-term conviction -1 points.
  • QQQ, SMH moved against the stock — no index confirmation.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $50.33 +0.4% Sep 10 close
52W High $56.19 8.1% below high
Wks Since High 29w
Base Depth 21.5% 23.3% today
RS Rank 6 percentile of scan
SMA 50 $51.53
Avg Vol 6,805,123
Rel Vol (Sep 10) 1.21×
More stats
52W Low $40.78
Tight Wks 2 1 today
Base B1
SMA 200 $49.76
RS Line vs High -22.2%
RS Line Slope -0.1% ▼
ADR% 1.7%
ATR(14) $0.91 (1.8%)
Vol Pace (live) N/A
U/D Vol 0.63
A/D Days 21A / 12D
A/D Rating A+
VDU Bars 0/10 d
Earnings in 34d
Position in 52-week range 62ndpercentile of the 52-week range
$40.78low
$56.19high

TFC Chart

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Technical Analysis Report Card

$TFC · $50.33 · as of 2026-09-10 · multi-factor read
28
/ 100
Technicals 28/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▼ Downtrend
Weekly ▬ Sideways / consolidating
Monthly ▬ Sideways / consolidating

Moving Averages

50-day$51.53 ↓
100-day$50.39 ↓
200-day$49.76 ↑
Bullish (50 > 200)

RSI (14)

Reading45.0 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateBearish
Histogram-0.018

Bearish — MACD below its signal line and below zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width35% · 8.4%

Mid-band — no directional band edge in play.

Volume · Buyer vs Seller

Up/Down vol0.63 · Distribution
Rel volume1.21×

Distribution — volume is concentrated on down days; sellers dominate. Recent volume is easing versus its baseline.

Support & Resistance

R · $50.68swing level
R · $52.09swing level
R · $53.41swing level
Price · $50.33now
S · $49.02swing level
S · $47.81swing level
S · $46.42swing level

Fibonacci · Uptrend swing

23.6%$51.71
38.2% ◄ price here$50.16
50.0%$48.91
61.8%$47.66
78.6%$45.87

Retracement support zones measured from the recent swing low up to the high.

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Daily downtrendAbove 200-day MA50/200 bullishVolume distributionRS 11 (laggard)
Want this read in a legend's voice? Ask a Legend about TFC
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 5 of 6 legends are Watching — building, not yet a confirmed buy.
Watch
Minervini C

Trend-template read: 6/10 pass; wait for the soft misses to improve.

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $51.65, MA150 $49.89, MA200 $49.67
1.2 150-day MA > 200-day MAMA150 $49.89 vs MA200 $49.67
Failing evidence
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 11
2. Quarterly EPS growth ≥ 25%From SEPA scan
6/10 checks
Avoid
O'Neil D

CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
N: Near 52-week high or RS line new high8.1% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 1.86%
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 11
C: Quarterly EPS acceleration ≥ 25%Data unavailable
2/8 checks
Watch
Weinstein C

Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $51.65 vs MA200 $49.67
Failing evidence
30-week MA trending upwardFrom weekly scan context
Stage 1→2 breakout on expanding volume0.67x on the fresh 30-week MA breakout — needs ≥1.4x to confirm
4/7 checks
Watch
Livermore B

Pivotal-point read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$51.65
Distance from 52-week high8.1% below high
Failing evidence
Relative strengthRS 11
Volume vs average0.67x
3/6 checks
Watch
Darvas B

Box-theory read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$51.65
Distance from 52-week high8.1% below high
Failing evidence
Relative strengthRS 11
Volume vs average0.67x
3/6 checks
Watch
Wyckoff B

Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$51.65
Distance from 52-week high8.1% below high
Failing evidence
Relative strengthRS 11
Volume vs average0.67x
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▼ Falling
96RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +5 A+
A: 16 D: 11 Net: +565 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C 2/7 criteria
Separate score from the Minervini Trend Template (5/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
Revenue growth ≥20% YoY
Gross margin ≥30%
ROE ≥17%
RS rating ≥80 (leadership) 11
Stage 2 uptrend (Weinstein) Stage 2
Within 25% of 52W high -10.4%

Method Playbook

Trade it like Darvas EXACT LEVELS · PRO
Darvas B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the top of the active Darvas box near the high as the mechanical breakout boundary.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require price to clear the box top with volume confirmation; movement inside the box remains observation, not a trigger.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the active box support or the canonical structural stop that proves the breakout failed.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: As higher boxes form, raise the stop beneath the newest confirmed box floor; the stop moves up only.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when price breaks the active box floor or decisively falls back through the breakout structure.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis (historical)

55 setup score
RS Score 11
Trend template 5/8
Why This Setup? D+W Confluence
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

2/7 universals met
  • A relative-strength leader — not met RS rank 6 — laggard
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 1.2× average — light
  • Clear of earnings — met in 34 days
  • In a confirmed uptrend — met Stage 2 · Trend template 5/8
Why these seven? → The Universal Edge

Minervini Trend Template

5/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $50.33 vs SMA150 $49.82 / SMA200 $49.76
SMA 150 above SMA 200 SMA150 $49.82 vs SMA200 $49.76
SMA 200 trending up Slope +0.64 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $51.53
Price above SMA 50 $50.33 vs SMA50 $51.53
30%+ above 52-week low +23.4% from $40.78
Within 25% of 52-week high -10.4% from $56.19
RS score above 70 RS 11

Fundamentals

52W Range
62%
Mkt Cap SEC
61.5B
EPS TTM
$3.82
P/E TTM
13.2x
Float
1.2B

Company

Company profile
Truist Financial Corporation
TFC · NYSE · Finance · Regional Banks

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
4/8
W. RS
54
W. Support
$43.12
W. Resist
$54.22
W. Patterns
Cup & Handle
Weekly Structure

Scan History

Sep 08: 54 (Trend Only)Sep 08: 55 (Trend Only)55
Sep 08
Trend Only ✓ Gate
55
Sep 08
Trend Only ✓ Gate
54 -0.4%

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