BANCORP INC/THE (TBBK)
US05969A1051 - Common Stock
Taking everything into account, TBBK scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TBBK is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TBBK is one of the better performing stocks in the Banks industry, it outperforms 92% of 400 stocks in the same industry.
TBBK 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 TBBK is lagging the market slightly.
In the last month TBBK has a been trading in the 45.75 - 52.94 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, TBBK did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, TBBK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 52.04. Right above this resistance zone may be a good entry point.
More info and screens
31.89
52.93
We found 2 important support areas.
- Support @45.66 from a horizontal line in the daily time frame.
- Support @32.21 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 52.04 to 52.41. 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
CRS93.45
Mansfield1.27
10 Day High52.85
10 Day Low45.75
20 Day High52.94
20 Day Low45.75
52 Week High53.48
52 Week Low29.92
Performance
1 Week0.92%
2 Weeks-4.27%
1 Month4.83%
3 Month51.07%
6 Month44.03%
12 Month37.02%
2 Year125.16%
3 Year94.46%
5 Year399.9%
10 Year476.14%
15 Year765.21%
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)-0.44
RSI(14)53.25
LBB46.69
UBB52.85
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 |
|---|---|---|---|
| 52.42 | 45.74 | 6.68 (12.74%) | 7.85% |
| An entry @52.42. This is a Buy Stop order right above the resistance zone. | An exit @45.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.68 points, which is 12.74%. | For a 1.00% total portfolio risk, you can invest 7.85% 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.
BANCORP INC/THE
NASDAQ:TBBK (9/13/2024, 8:00:00 PM)
After market: 49.49 0 (0%)49.49
+1.92 (+4.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.04%
1 Week0.92%
2 Weeks-4.27%
1 Month4.83%
3 Month51.07%
6 Month44.03%
12 Month37.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.7
ATR(20)%3.56%
ATR Inc
Range Today1.6
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.85
10 Day Low45.75
20 Day High52.94
20 Day Low45.75
52 Week High53.48
52 Week Low29.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume503.90K
Volume Incr12.3%
Vol(5)607.36K
Vol(50)657.13K