Truist Financial Corp

TFC has broken down into a Stage 4 distribution phase with bearish patterns reinforcing a medium-term downtrend. Short-term conditions remain unfavorable for bullish entries as price trades below the 9, 20, and 50 EMAs and is rejected at resistance. The long-term uptrend is intact via the rising 200-day SMA, but the immediate posture favors selling into rallies toward the EMAs or the recent resistance zone near the 50.6–50.8 area.

• ↑Q2 net income $1.5B, +37% YoY; ROTCE 15.4%
• ↑$1.2B repurchased in Q2; $5B buyback forecast for 2026
• ↓Profitability score negative; loan spread compression pressures margins