Auto-detected technical analysis for TFC · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$50.67last close · Jun 25, 2026
TFC Rising Wedge Pattern
No chart pattern is currently detected on TFC. The most recent was a Rising Wedge, detected Sep 16, 2025.
A Rising Wedge is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $41.16 (−9.5%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R; TFC's own rising wedges have hit 66.7%.
TFC's most recent completed Rising Wedge resolved as a win: it broke down on Oct 8, 2025 near $44.14, then reached its target at $41.16 on Oct 16, 2025 — a +1.33R move (6.7%) over 6 sessions. Across 126 backtested rising wedges, this setup wins 61.9% of the time.
OutcomeWinResult+1.33REntry$44.14Exit$41.16
How Rising Wedges have performed
Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154
TFC win rate
66.7%
Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.
TFC support and resistance levels
Price was turned away at a ceiling near $54.13 about 4 months ago and has been sliding since. On the weekly chart, the next floor below sits near $47.55 — still about 6% away.
Traders commonly watch $47.55 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
Nothing here is a signal to act — the short would have set up at the $54.13 ceiling about 4 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh entry.
Nearest auto-detected support sits near $45.47, resistance near $53.93. These are chart/swing-derived levels, not formula pivots.
No pattern is currently detected on TFC. The most recent was a Rising Wedge, detected Sep 16, 2025.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on TFC is a bearish pattern, projecting a measured-move target of $41.16. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for TFC?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), TFC's nearest support is around $45.47 and nearest resistance around $53.93.
What is the price target if TFC's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $41.16 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TFC's closing price on Jun 25, 2026?
Truist Financial (TFC) last closed at $50.67 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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