Overall TBBK gets a technical rating of 3 out of 10. TBBK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TBBK has a poor technical rating and the quality of the setup is also only medium 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
49.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 63.01 to 63.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.70 to 61.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.35 from a trend line in the weekly time frame.
- Support @49.74 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 66.00 to 67.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @79.60 from a horizontal line in the daily 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 | 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 | 51.39 | 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 | NEGATIVE | The current price of TBBK is below a declining 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) | 51.57 | NEUTRAL | The RSI value for TBBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests TBBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.33 | OVERBOUGHT | The high Stochastics value suggests TBBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for TBBK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.14 | NEGATIVE | The low ADX value for TBBK suggests a weak or negative trend. |
65.99
+0.34 (+0.52%)
BANCORP INC/THE / TBBK FAQ
Can you provide the ChartMill technical rating for BANCORP INC/THE?
ChartMill assigns a technical rating of 3 / 10 to TBBK.
Can you provide the trend direction for BANCORP INC/THE?
The current trend direction for BANCORP INC/THE (TBBK) is Bearish.
Can you provide the RSI signal for BANCORP INC/THE?
BANCORP INC/THE (TBBK) has an RSI value of 51.5711. This indicates that the stock is currently neutral.
What are the support and resistance levels for BANCORP INC/THE (TBBK) stock?
BANCORP INC/THE (TBBK) has a support level at 63.27 and a resistance level at 66. Check the full technical report for our detailed analysis of TBBK support and resistance levels.