BANCORP INC/THE (TBBK) Stock Technical Analysis
NASDAQ:TBBK - Nasdaq - US05969A1051 - Common Stock - Currency: USD
Taking everything into account, TBBK scores 6 out of 10 in our technical rating. Although TBBK has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
TBBK is part of the Banks industry. There are 396 other stocks in this industry. TBBK outperforms 88% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, TBBK did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
TBBK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TBBK is lagging the market slightly.
In the last month TBBK has a been trading in the 46.51 - 55.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
TBBK has an average technical rating and it also 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
43.18
55.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 50.45 to 51.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @45.17 from a trend line in the weekly time frame.
- Support @43.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 53.48 to 54.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TBBK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBBK is neutral. |
| ChartMill Relative Strength | 90.67 | POSITIVE | TBBK has a high relative strength, it outperformed 90.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TBBK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TBBK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.33 | NEUTRAL | The RSI value for TBBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TBBK has a negative trend. |
| Stochastics (14,3) | 29.23 | NEUTRAL | The Stochastics value for TBBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for TBBK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.14 | NEGATIVE | The low ADX value for TBBK suggests a weak or negative trend. |
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)
51.1
-0.68 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.31%
1 Week-5.25%
2 Weeks-0.66%
1 Month6.48%
3 Month-8.96%
6 Month-11.01%
12 Month55.56%
2 Year65.59%
3 Year145.32%
5 Year480.68%
10 Year428.44%
15 Year541.15%
Volatility
ATR(14)1.61
ATR(20)%3.27%
ATR Inc42.63%
Range Today1.78
ADR(20)1.47
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.67
Mansfield-0.02
10 Day High55.33
10 Day Low50
20 Day High55.33
20 Day Low46.51
52 Week High65.84
52 Week Low31.34
CS1 End51.09
CR1 Start53.48
Volume & EV
DER(3)-5.08%
DER(5)-4.07%
Volume358.60K
Volume Incr-0.21%
Vol(5)373.24K
Vol(50)582.21K