Truist Financial Corp (TFC)
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. Its bank operates 2,781 branches in 15 states and Washington, D.C., and offers consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products and services.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 25.18% per annum.
- TFC price at the close of March 20, 2026 was $44.16 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 86.29% per annum.
- TFC price at the close of March 20, 2026 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of TFC price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 13, 2023
End date: March 11, 2026
a = 2.8112
b = 0.0006
s = 0.0849
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0006) – 1
= 25.18%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0849) – 1
= 40.43%
March 13, 2023 calculations
Top border of price channel:
Exp(Y497)
= Exp(a + b × X497 + 2 × s)
= Exp(a + b × 721 + 2 × s)
= Exp(2.8112 + 0.0006 × 721 + 2 × 0.0849)
= Exp(3.4246)
= $30.71
Bottom border of price channel:
Exp(Y497)
= Exp(a + b × X497 – 2 × s)
= Exp(a + b × 721 – 2 × s)
= Exp(2.8112 + 0.0006 × 721 – 2 × 0.0849)
= Exp(3.0850)
= $21.87
March 11, 2026 calculations
Top border of price channel:
Exp(Y1,248)
= Exp(a + b × X1,248 + 2 × s)
= Exp(a + b × 1,815 + 2 × s)
= Exp(2.8112 + 0.0006 × 1,815 + 2 × 0.0849)
= Exp(4.0977)
= $60.20
Bottom border of price channel:
Exp(Y1,248)
= Exp(a + b × X1,248 – 2 × s)
= Exp(a + b × 1,815 – 2 × s)
= Exp(2.8112 + 0.0006 × 1,815 – 2 × 0.0849)
= Exp(3.7582)
= $42.87
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 25.18% per annum.
- TFC price at the close of March 20, 2026 was $44.16 and was inside the primary price channel.
Secondary Trend
Start date: February 4, 2026
End date: March 20, 2026
a = 13.7103
b = -0.0054
s = 0.0192
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0054) – 1
= -86.29%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0192) – 1
= 7.97%
February 4, 2026 calculations
Top border of price channel:
Exp(Y1,224)
= Exp(a + b × X1,224 + 2 × s)
= Exp(a + b × 1,780 + 2 × s)
= Exp(13.7103 + -0.0054 × 1,780 + 2 × 0.0192)
= Exp(4.0594)
= $57.94
Bottom border of price channel:
Exp(Y1,224)
= Exp(a + b × X1,224 – 2 × s)
= Exp(a + b × 1,780 – 2 × s)
= Exp(13.7103 + -0.0054 × 1,780 – 2 × 0.0192)
= Exp(3.9827)
= $53.66
March 20, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(13.7103 + -0.0054 × 1,824 + 2 × 0.0192)
= Exp(3.8199)
= $45.60
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(13.7103 + -0.0054 × 1,824 – 2 × 0.0192)
= Exp(3.7432)
= $42.23
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 86.29% per annum.
- TFC price at the close of March 20, 2026 was inside the secondary price channel.