Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of TRTN will - over the next 2 Weeks and hit - by . In that time frame, TRTN's share price is expected to range between - and -.
BearishAverageBullishTRTN shares fell -4.10% in Wednesday, September 27, 2023's trading session, dropping from a previous close of $82.95 to move at $79.55. The stock demonstrated notable intraday movement (see TRTN's key stats for a full breakdown), fluctuating between $79.03 and $82.93, a +4.93% trading range. While recent weeks have seen some volatility, TRTN has managed to secure a -4.43% drop over the past 2 weeks. The downward price movement was accompanied by increased trading volume, with approximately 3.76M shares changing hands, 2.36M more than the previous session. This amounted to $299.24M in total market activity.
Will TRTN Continue Its Trend?
According to analyst ratings and projections for TRTN, Triton International Limited shares are anticipated to remain stable by -, potentially reaching - per share by January 1, 1970. Short-term technical indicators for TRTN currently suggest a bearish sentiment. Despite this, the stock appears to be in a state of indecision, having seen 15 positive and 15 negative trading days over the last 30 sessions. Based on the TRTN stock forecast, now is not the best time to buy TRTN stock because its current trading price is - our predicted value, hinting at a possible . For deeper insights, view our sentiment analysis on TRTN covering social and institutional perspectives.
TRTN Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into TRTN's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 12.78% to 24.02%) suggest the stock is in a strong bearish momentum phase. The 50-day RSI, at 44.14%, suggests a neutral medium-term outlook. Meanwhile, the 100-day RSI, at 52.24%, maintains a neutral outlook for the long term. Insights into TRTN's shareholder base show how institutional investors are positioning themselves during these momentum shifts