BANCORP INC/THE (TBBK) Technical Analysis
NASDAQ:TBBK • US05969A1051
Current stock price
TBBK Technical Rating and Analysis
Overall TBBK gets a technical rating of 5 out of 10. In the past year, TBBK was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- TBBK is part of the Banks industry. There are 376 other stocks in this industry, of which 71% are performing better than TBBK.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month TBBK has a been trading in the 51.13 - 63.40 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, TBBK turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- TBBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TBBK is lagging the market.
TBBK Weekly and Daily overview Charts
TBBK Setup Rating and Analysis
TBBK has an average technical rating and the quality of the presented setup is also not ideal 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
TBBK Support and Resistance Analysis
50.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 51.47 to 52.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 61.71 to 61.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @63.17 from a trend line in the daily time frame.
TBBK Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for TBBK is up. |
| ChartMill Relative Strength | 51.67 | NEUTRAL | TBBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TBBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TBBK is above a declining 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) | 62.63 | NEUTRAL | The RSI value for TBBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests TBBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.61 | NEUTRAL | The Stochastics value for TBBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TBBK suggests some volalility. |
| Average Directional Index/ADX (14) | 27.29 | POSITIVE | The high ADX value value for TBBK suggests a strong trend. |
TBBK Chart- and CandleStick Pattern Analysis
TBBK Technicals: Chart, Performance Metrics, Trend & Indicators
59.98
-0.98 (-1.61%)
BANCORP INC/THE / TBBK TA FAQ
Can you provide the ChartMill technical rating for BANCORP INC/THE?
ChartMill assigns a technical rating of 5 / 10 to TBBK.
What is the trend direction for TBBK stock?
The current trend direction for BANCORP INC/THE (TBBK) is Bearish.
What is the RSI signal for TBBK stock?
BANCORP INC/THE (TBBK) has an RSI value of 62.6333. This indicates that the stock is currently neutral.
What is the short term momentum for BANCORP INC/THE (TBBK) stock?
The short term momentum for BANCORP INC/THE (TBBK) is positive.
What is the support and resistance level for TBBK stock?
BANCORP INC/THE (TBBK) has a support level at 52.11 and a resistance level at 61.71. Check the full technical report for our detailed analysis of TBBK support and resistance levels.