BANCORP INC/THE (TBBK) Stock Technical Analysis
USA - NASDAQ:TBBK - US05969A1051 - Common Stock
71.44 USD
-0.24 (-0.33%)
71.37 USD
-0.07 (-0.1%)
We assign a technical rating of 6 out of 10 to TBBK. In the last year, TBBK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month TBBK has a been trading in the 70.89 - 81.65 range, which is quite wide. It is currently trading near the lows of this range.
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 86% of 391 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.
When comparing the yearly performance of all stocks, we notice that TBBK is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TBBK has an average technical rating and also the quality of the setup is 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
81.14
4 important support areas can be observed.
- A support zone ranging from 71.05 to 71.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @65.46 from a trend line in the daily time frame.
- Support @50.56 from a trend line in the weekly time frame.
- Support @49.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @78.07 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 79.60 to 80.34. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for TBBK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBBK is neutral. |
| ChartMill Relative Strength | 77.66 | POSITIVE | TBBK has a high relative strength, it outperformed 77.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TBBK is below 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) | 42.08 | NEUTRAL | The RSI value for TBBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests TBBK has a negative trend. |
| Stochastics (14,3) | 26.1 | NEUTRAL | The Stochastics value for TBBK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for TBBK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.25 | NEUTRAL | The ADX value for TBBK suggests a possible start of a new 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)
71.44
-0.24 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.33%
1 Week-1.54%
2 Weeks-6.17%
1 Month-8.49%
3 Month5.65%
6 Month56.67%
12 Month22.73%
2 Year100.39%
3 Year159.03%
5 Year644.17%
10 Year892.22%
15 Year853.81%
Volatility
ATR(14)3.64
ATR(20)%4.37%
ATR Inc42.53%
Range Today1.89
ADR(20)3
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.66
Mansfield1.14
10 Day High81.65
10 Day Low70.89
20 Day High81.65
20 Day Low70.89
52 Week High81.65
52 Week Low40.51
CS1 End71.43
CR1 Start78.07
Volume & EV
DER(3)-2.98%
DER(5)-1.22%
Volume1.02M
Volume Incr21.35%
Vol(5)715.02K
Vol(50)617.17K