THIRD COAST BANCSHARES INC (TCBX) Stock Technical Analysis
NASDAQ:TCBX - Nasdaq - US88422P1093 - Common Stock
Overall TCBX gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TCBX did better than 89% of all other stocks. We also observe that the gains produced by TCBX over the past year are nicely spread over this period.
TCBX is one of the better performing stocks in the Banks industry, it outperforms 96% of 405 stocks in the same industry.
TCBX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TCBX is lagging the market slightly.
In the last month TCBX has a been trading in the 30.34 - 35.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, TCBX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
18.73
33.63
5 important support areas can be observed.
- A support zone ranging from 32.42 to 33.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.46 from a trend line in the daily time frame.
- A support zone ranging from 30.90 to 30.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.23 from a trend line in the weekly time frame.
- Support @18.92 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.57
Mansfield2.32
10 Day High33.82
10 Day Low30.35
20 Day High35.49
20 Day Low30.35
52 Week High37.65
52 Week Low18
Performance
1 Week7.38%
2 Weeks1.63%
1 Month-1.18%
3 Month8.11%
6 Month36.02%
12 Month69.92%
2 Year81.28%
3 Year40.16%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.06
RSI(14)51.35
LBB30.94
UBB34.56
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 |
|---|---|---|---|
| 33.82 | 32.41 | 1.41 (4.18%) | 23.90% |
| An entry @33.82. This is a Buy Stop order right above the 10 day high. | An exit @32.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.41 points, which is 4.18%. | When investing 23.90% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TCBX. Please evaluate whether better entry and exit points can be found.
- 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.
THIRD COAST BANCSHARES INC
NASDAQ:TCBX (1/22/2025, 11:51:16 AM)
33.3
-0.31 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.92%
1 Week7.38%
2 Weeks1.63%
1 Month-1.18%
3 Month8.11%
6 Month36.02%
12 Month69.92%
2 Year81.28%
3 Year40.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%3.18%
ATR Inc-46.55%
Range Today0.46
ADR(20)1.03
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.57
Mansfield2.32
10 Day High33.82
10 Day Low30.35
20 Day High35.49
20 Day Low30.35
52 Week High37.65
52 Week Low18
CS1 End33.18
CR1 StartN/A
Volume & EV
DER(3)-4.24%
DER(5)-1.87%
Volume13.12K
Volume Incr-30.26%
Vol(5)51.24K
Vol(50)91.70K