BANCORP INC/THE (TBBK) Stock Technical Analysis
NASDAQ:TBBK - US05969A1051 - Common Stock
76.24 USD
-1.64 (-2.11%)
76.24 USD
0 (0%)
Taking everything into account, TBBK scores 9 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.
Both the short term and long term trends are positive. This is a very positive sign.
TBBK is one of the better performing stocks in the Banks industry, it outperforms 98% of 393 stocks in the same industry.
A new 52 week high is currently being made by TBBK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month TBBK has a been trading in the 61.83 - 78.50 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, TBBK did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although TBBK has an excellent technical rating, it does not present a decent entry opportunity 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
48.27
77.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 63.76 to 65.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.12 to 59.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.74 from a horizontal line in the daily time frame.
- Support @48.76 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for TBBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TBBK is up. |
| ChartMill Relative Strength | 91.53 | POSITIVE | TBBK has a high relative strength, it outperformed 91.53% off all stocks 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) | UP | POSITIVE | The current price of TBBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TBBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.47 | OVERBOUGHT | The high RSI value suggests TBBK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests TBBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.98 | OVERBOUGHT | The high Stochastics value suggests TBBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for TBBK suggests some volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for TBBK suggests a strong 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)
76.24
-1.64 (-2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.11%
1 Week4.83%
2 Weeks15.32%
1 Month22%
3 Month49.2%
6 Month36.58%
12 Month45.5%
2 Year107.68%
3 Year221.42%
5 Year702.53%
10 Year938.69%
15 Year1087.54%
Volatility
ATR(14)2.24
ATR(20)%2.9%
ATR Inc-18.04%
Range Today2.45
ADR(20)2.12
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.53
Mansfield2.62
10 Day High78.5
10 Day Low64.77
20 Day High78.5
20 Day Low61.83
52 Week High78.5
52 Week Low40.51
CS1 End65.45
CR1 StartN/A
Volume & EV
DER(3)-0.8%
DER(5)0.75%
Volume485.76K
Volume Incr15%
Vol(5)771.21K
Vol(50)743.80K