Summary
TRNO has broken above a key resistance level at $58.76, currently trading at $62.66 (6.6% beyond the level). This technical breakout signals buying pressure and suggests potential upward momentum. The RSI at 68.6 shows strong momentum supporting this move. This is a 100-day trendline break, which is more significant than shorter-term breaks as it indicates a potential shift in the longer-term trend direction.
Technical Chart
Breakout Analysis
When a stock breaks through an established resistance level with conviction, it often signals that the previous price barrier has been overcome. The 6.6% move beyond the resistance level indicates strong buying pressure.
Key Levels to Watch
| Breakout Level | $58.76 |
| Current Price | $62.66 |
| Break Distance | 6.6% |
Investment Advisor Score
54.0/100
BUYOur AI-powered investment scoring system analyzes multiple factors including fundamentals, technicals, and market sentiment to generate this score.
Company Overview
Terreno Realty Corporation
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning, and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land..
Why This Matters
This technical breakout in TRNO suggests that institutional investors are repositioning based on their analysis of the company's prospects. When stocks break through established technical levels, it often indicates a shift in market sentiment that can drive sustained price movement.
From a fundamental perspective, TRNO's exceptional 72.5% profit margin provides solid support for this breakout. Companies with strong profitability have more cushion to weather challenges and invest in growth, making technical breakouts more likely to be sustained.
Competitive Position & Moat
Terreno Realty Corporation (TRNO) benefits from a strong competitive moat primarily due to its strategic focus on coastal U.S. markets, which are characterized by high demand for industrial real estate and limited supply. The company's expertise in acquiring and managing diverse types of industrial properties—including warehouses, flex spaces, and transshipment facilities—enables it to capitalize on various market dynamics. This specialization enhances TRNO's brand recognition and investor confidence, while its scale allows for operational efficiencies that can translate into higher returns. In terms of market position, TRNO distinguishes itself through its concentrated portfolio in economically vibrant regions such as Los Angeles, the San Francisco Bay Area, and Northern New Jersey/New York City. These locations are critical hubs for e-commerce and logistics, providing a competitive advantage as businesses increasingly seek proximity to key consumer markets. The company's focus on modern, well-located industrial properties positions it favorably against traditional industrial REITs. However, TRNO faces potential risks from economic downturns that could impact demand for industrial spaces. Additionally, increasing competition from both established players and new entrants in the industrial real estate sector could pressure rental rates and occupancy levels. The shifting dynamics of supply chains and evolving customer preferences may also pose challenges in maintaining its competitive edge.Financial Health (SEC Data)
Based on the latest SEC filings, here's an analysis of TRNO's financial position:
Profitability Analysis
| Revenue | $442.61M |
| Net Income | $320.89M |
| Profit Margin | 72.5% |
The company demonstrates excellent profitability with a 72.5% profit margin, indicating strong pricing power and operational efficiency.
Options Market Insight
| Unusual Activity Score | 5.3 |
Technical Indicators
| RSI (14) | 68.6 |
| MACD Signal | Bullish |
| 50-Day SMA | $60.74 |
| 200-Day SMA | $60.52 |
| Price vs MAs | Above both (Bullish) |
Next Levels to Watch
| 50-Day SMA | $60.74 |
| 200-Day SMA | $60.52 |
Trading Considerations
- Confirmation: Watch for sustained price action above $58.76
- Volume: Look for volume confirmation on continued moves
- Role Reversal: Broken level at $58.76 may now act as support
- Risk Management: Always use stop-loss orders
Conclusion
TRNO's break above the $58.76 resistance level represents a significant technical development. Combined with a bullish investment score, this breakout may present a buying opportunity for momentum traders.
Related Analysis for TRNO
Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Past performance does not guarantee future results. Always do your own research and consider your risk tolerance before making trading decisions.