TEXAS CAPITAL BANCSHARES INC (TCBI) Stock Technical Analysis
NASDAQ:TCBI - Nasdaq - US88224Q1076 - Common Stock - Currency: USD
Taking everything into account, TCBI scores 6 out of 10 in our technical rating. TCBI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, TCBI did better than 80% of all other stocks. However, we also see that TCBI couldn't keep up this performance in the last couple of months.
TCBI is an average performer in the Banks industry, it outperforms 69% of 405 stocks in the same industry.
TCBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCBI is lagging the market.
In the last month TCBI has a been trading in the 76.17 - 83.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, TCBI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 77.26, a Stop Loss order could be placed below this zone.
More info and screens
64.75
90.58
4 important support areas can be observed.
- A support zone ranging from 76.49 to 77.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.64 from a trend line in the daily time frame.
- A support zone ranging from 73.25 to 73.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.40 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 79.90 to 83.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 88.45 to 89.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.49
Mansfield0.72
10 Day High83.89
10 Day Low79.16
20 Day High83.89
20 Day Low76.17
52 Week High91.8
52 Week Low54.68
Performance
1 Week-3.38%
2 Weeks-4.72%
1 Month3.42%
3 Month-9.29%
6 Month16.43%
12 Month35.64%
2 Year20.16%
3 Year19.49%
5 Year69.03%
10 Year71.4%
15 Year372.29%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)46.42
LBB78.27
UBB84.98
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 83.06 | 79.15 | 3.91 (4.71%) | 21.24% |
| An entry @83.06. This is a Buy Stop order right above the resistance zone. | An exit @79.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.91 points, which is 4.71%. | For a 1.00% total portfolio risk, you can invest 21.24% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
79.58
-1.48 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.83%
1 Week-3.38%
2 Weeks-4.72%
1 Month3.42%
3 Month-9.29%
6 Month16.43%
12 Month35.64%
2 Year20.16%
3 Year19.49%
5 Year69.03%
10 Year71.4%
15 Year372.29%
Volatility
ATR(14)2.44
ATR(20)%2.85%
ATR Inc6.85%
Range Today2.63
ADR(20)2.23
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.49
Mansfield0.72
10 Day High83.89
10 Day Low79.16
20 Day High83.89
20 Day Low76.17
52 Week High91.8
52 Week Low54.68
CS1 End77.26
CR1 Start79.9
Volume & EV
DER(3)-0.13%
DER(5)-0.28%
Volume381.40K
Volume Incr-29.81%
Vol(5)351.68K
Vol(50)446.13K