Truist Financial: MACD Death Cross, Bollinger Bands Narrowing on 15min Chart

Truist Financial's 15-minute chart has exhibited a MACD Death Cross and Bollinger Bands Narrowing at 09/04/2025 13:00, indicating that the stock price has the potential to continue declining. Furthermore, the magnitude of price fluctuations is expected to decrease.

On September 4, 2025, at 13:00, Truist Financial's (TFC) 15-minute chart exhibited a MACD Death Cross and narrowing Bollinger Bands. This technical indicator suggests that the stock price may continue to decline and that the magnitude of price fluctuations may decrease.

The MACD Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish trend. The narrowing of the Bollinger Bands signifies a decrease in volatility, suggesting that price movements are becoming less pronounced. These indicators suggest that investors should exercise caution and closely monitor TFC's stock performance.

Truist Financial reported a quarterly EPS of $0.91, missing analyst estimates, and revenues indicated a significant year-over-year decline of 406%. Despite this, institutional investors have shown interest in the company, with Canada Pension Plan Investment Board raising its stake by 6.5% in the first quarter. Other institutional investors, such as Centennial Bank AR, Motco, Meeder Asset Management Inc., and Sierra Ocean LLC, have also increased their holdings in TFC.

Analysts have provided mixed ratings for TFC, with a consensus target price of $48.47. Morgan Stanley maintained a "mixed" rating, while Citigroup raised its rating to "buy" and increased its price target to $55.00. Wells Fargo & Company reiterated an "equal weight" rating and set a $47.00 price objective. Keefe, Bruyette & Woods lowered its rating to "market perform" with a $48.00 target price. Raymond James Financial raised its rating to "outperform" with a $50.00 price target.

In conclusion, while Truist Financial's 15-minute chart indicates potential stock price decline and decreased volatility, the company's recent earnings and institutional investor activity provide a mixed picture. Investors should closely monitor the company's earnings reports and analyst ratings for further insights.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-the-manufacturers-life-insurance-company-sells-25842-shares-of-truist-financial-corporation-tfc-2025-08-31/
[2] https://www.marketbeat.com/instant-alerts/filing-truist-financial-corporation-tfc-holdings-raised-by-canada-pension-plan-investment-board-2025-09-02/