$BBT Truist Financial Corporation Stock Robo Analyst December 11 2019 #BBT

Truist Financial Corporation stock chart

Truist Financial Corporation (BBT) “On a long-term technical basis, the stock (BBT) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 53.90 and 50.88. If the stock breaks down through support at 53.90 then it will probably continue lower to 50.88. The stock will meet resistance at 55.26 and 62.62. If the stock breaks up through resistance at 55.26 then it will probably continue higher to 62.62. The 200-day moving average is at 50.29. This will also act as support. The stock is neutral according to the Stochastic Indicator (39.72).”

Truist Financial Corporation stock chart

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