RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TRMK
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Green day on Thursday for Trustmark Corporation stock after gaining 0.178%
(Updated on Mar 28, 2024)

Buy candidate since Mar 26, 2024 Gain 3.16% PDF

The Trustmark Corporation stock price gained 0.178% on the last trading day (Thursday, 28th Mar 2024), rising from $28.06 to $28.11. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.29% from a day low at $27.93 to a day high of $28.57. The price has risen in 8 of the last 10 days and is up by 10.15% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 108 thousand more shares were traded than the day before. In total, 334 thousand shares were bought and sold for approximately $9.40 million.

Given the current short-term trend, the stock is expected to fall -2.90% during the next 3 months and, with a 90% probability hold a price between $24.65 and $27.30 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TRMK Signals & Forecast

Mostly positive signals in the chart today. The Trustmark Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.20 and $26.75. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 10.15%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Trustmark Corporation stock

Trustmark Corporation finds support from accumulated volume at $27.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.640 (2.29%) between high and low. For the last week, the stock has had daily average volatility of 2.29%.

Our recommended stop-loss: $27.04 (-3.80%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (TRMK) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Trustmark Corporation to open at $28.20, and during the day (based on 14 day Average True Range), to move between $27.40 and $28.82, which gives a possible trading interval of +/-$0.706 (+/-2.51%) up or down from last closing price. If Trustmark Corporation takes out the full calculated possible swing range there will be an estimated 5.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $28.15 (0.14%) than the support at $27.15 (3.42%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Trustmark Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.539 Buy Candidate Unchanged

Predicted Opening Price for Trustmark Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$28.20 ( 0.332%) $28.11

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TRMK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 28.84 2.61 %
R2 28.60 1.74 %
R1 28.45 1.20 %
Current price: 28.11
Support S1 27.96 -0.538 %
S2 27.81 -1.08 %
S3 27.56 -1.94 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 28.55 1.57 %
R2 28.22 0.391 %
R1 28.15 0.142 %
Current price 28.11
Support S1 27.15 -3.42%
S2 26.59 -5.41%
S3 25.92 -7.79%

TRMK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 23, 2024 Feb 29, 2024 Mar 15, 2024 $0.230 0.89%
2 Oct 24, 2023 Nov 30, 2023 Dec 15, 2023 $0.230 0.83%
3 Jul 25, 2023 Aug 31, 2023 Sep 15, 2023 $0.230 1.04%
4 Apr 25, 2023 May 31, 2023 Jun 15, 2023 $0.230 1.03%
5 Jan 24, 2023 Feb 28, 2023 Mar 15, 2023 $0.230 0.90%

FAQ

What is the symbol for Trustmark Corporation Stock and on which exchange is it traded?
The symbol for Trustmark Corporation is TRMK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Trustmark Corporation Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Trustmark Corporation Stock?
Trustmark Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Trustmark Corporation Stock.

What's the current price of Trustmark Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Trustmark Corporation (TRMK) share was $28.11.

What is the 52-week high and low for Trustmark Corporation Stock?
The 52-week high for Trustmark Corporation Stock is $28.59 and the 52-week low is $18.96.

What is the market capitalization of Trustmark Corporation Stock?
As of the 2024-03-28, the market capitalization of Trustmark Corporation is 1.717B.

When is the next earnings date for Trustmark Corporation?
The upcoming earnings date for Trustmark Corporation is Apr 23, 2024.
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About Trustmark Corporation

Trustmark Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company operates through three segments: General Banking, Wealth Management, and Insurance. It offers checking, savings, and money market accounts; certificates of deposits and individual retirement accounts; financing for commercial and indus... TRMK Profile

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