TBC BANK GROUP PLC (TBCG.L) Stock Technical Analysis
LON:TBCG - London Exchange - GB00BYT18307 - Common Stock - Currency: GBX
Taking everything into account, TBCG scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, TBCG has proven to be a steady performer, scoring decent points in every aspect analyzed.
TBCG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 4459.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TBCG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3,772.08
We found 2 important support areas.
- A support zone ranging from 4306.46 to 4430.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3810.18 to 3849.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4459.99 to 4497.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TBCG.L is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBCG.L is neutral. |
| ChartMill Relative Strength | 95.28 | POSITIVE | TBCG.L has a high relative strength, it outperformed 95.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TBCG.L is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBCG.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TBCG.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.44 | NEUTRAL | The RSI value for TBCG.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -9.02 | NEGATIVE | The MACD value suggests TBCG.L has a negative trend. |
| Stochastics (14,3) | 49.35 | NEUTRAL | The Stochastics value for TBCG.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TBCG.L suggests some volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for TBCG.L suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 4,567.51 | 4,334.99 | 232.52 (5.09%) | 19.64% |
| An entry @4567.51. This is a Buy Stop order right above the 10 day high. | An exit @4334.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 232.52 points, which is 5.09%. | For a 1.00% total portfolio risk, you can invest 19.64% 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.
LON:TBCG (6/19/2025, 10:04:49 AM)
4440
-20 (-0.45%)