THIRD COAST BANCSHARES INC (TCBX) Stock Technical Analysis
NASDAQ:TCBX - Nasdaq - US88422P1093 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TCBX. Both in the recent history as in the last year, TCBX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that TCBX is one of the better performing stocks in the market, outperforming 93% of all 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 97% 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 34.88 - 39.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TCBX has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.73
39.04
4 important support areas can be observed.
- A support zone ranging from 33.26 to 33.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 @23.74 from a trend line in the weekly time frame.
- Support @18.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.17 to 38.65. 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
CRS93.38
Mansfield2.58
10 Day High38.88
10 Day Low35.47
20 Day High39.06
20 Day Low34.88
52 Week High39.06
52 Week Low18
Performance
1 Week-6.16%
2 Weeks-8.1%
1 Month1.23%
3 Month-1.69%
6 Month42.95%
12 Month86.99%
2 Year92.47%
3 Year52.6%
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)-0.24
RSI(14)44.85
LBB35.56
UBB39.19
35.51
-1.36 (-3.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.69%
1 Week-6.16%
2 Weeks-8.1%
1 Month1.23%
3 Month-1.69%
6 Month42.95%
12 Month86.99%
2 Year92.47%
3 Year52.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%3.64%
ATR Inc25.06%
Range Today1.76
ADR(20)1.24
ADR(20)%3.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.38
Mansfield2.58
10 Day High38.88
10 Day Low35.47
20 Day High39.06
20 Day Low34.88
52 Week High39.06
52 Week Low18
CS1 End33.48
CR1 Start38.17
Volume & EV
DER(3)0.17%
DER(5)-0.3%
Volume86.50K
Volume Incr-8.9%
Vol(5)73.46K
Vol(50)78.19K