Truist Financial's 15-minute chart has triggered an RSI Overbought signal and a KDJ Death Cross at 09:45 on 05/09/2025. This suggests that the stock price has risen too rapidly and is now exceeding its fundamental support level. Furthermore, the momentum of the stock price is shifting towards the downside, indicating a potential further decrease in value.
Truist Financial Corporation (NYSE: TFC) experienced a significant shift in its technical indicators on September 5, 2025, at 09:45, which could signal a potential downturn in the stock price. The 15-minute chart triggered an RSI (Relative Strength Index) Overbought signal, indicating that the stock price has risen too rapidly and may be exceeding its fundamental support level. Additionally, the chart showed a KDJ (Kaufman Adaptive Moving Average) Death Cross, suggesting a shift in momentum towards the downside.
The RSI Overbought signal suggests that the stock price has been moving too quickly and may be due for a correction. An RSI value above 70 is typically considered overbought, and a value above 80 is often seen as a strong overbought condition. The KDJ Death Cross, on the other hand, occurs when the faster moving average crosses below the slower moving average, indicating a potential reversal in the stock's trend.
This combination of signals suggests that investors should be cautious about Truist Financial's stock price in the near term. However, it is essential to note that technical indicators should be used in conjunction with fundamental analysis to make informed investment decisions.
According to the latest earnings report, Truist Financial reported $0.91 EPS for the latest quarter, missing the consensus estimate of $0.93, and had a net margin of 16.82% with a revenue drop of 406% year-over-year. The company announced a quarterly dividend of $0.52, representing a yield of 4.4% and a dividend payout ratio of 56.68% [1].
Institutional investors and hedge funds have been actively trading Truist Financial's stock. Vident Advisory LLC, for instance, reduced its stake in Truist Financial by 24.3%, now holding 42,438 shares valued at approximately $1.75 million. Other notable investors, such as Victory Capital Management Inc., Invesco Ltd., Nuveen LLC, Assenagon Asset Management S.A., and American Century Companies Inc., have also adjusted their positions in Truist Financial [1].
Technical analysts have mixed ratings for Truist Financial. Citigroup raised the stock from a "neutral" rating to a "buy" rating with a price target of $55.00, while Wall Street Zen raised the rating from "sell" to "hold." TD Cowen assumed coverage on Truist Financial with a "hold" rating and a price target of $44.00. Keefe, Bruyette & Woods cut the rating from "outperform" to "market perform" with a price target of $48.00 [1].
Investors should closely monitor Truist Financial's stock price and consider the latest earnings reports and technical indicators when making investment decisions. The combination of RSI Overbought and KDJ Death Cross signals suggests that the stock price may face downward pressure in the near term.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-vident-advisory-llc-has-175-million-stake-in-truist-financial-corporation-tfc-2025-09-02/
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