TRIUMPH BANCORP INC (TBK) Stock Technical Analysis
NASDAQ:TBK - Nasdaq - US89679E3009 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to TBK. In the past year, TBK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
76% of all other stocks performed better in the past year than TBK.
TBK is one of the lesser performing stocks in the Banks industry. 94% of 396 stocks in the same industry do better.
TBK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TBK is lagging the market.
TBK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
TBK has a bad technical rating, but it does show 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 a support zone below the current price at 58.73, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
56.59
74.77
When analyzing the support we notice one important area.
- A support zone ranging from 57.16 to 58.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 59.00 to 60.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @71.98 from a trend line in the daily time frame.
- Resistance @74.03 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.1
Mansfield-2.1
10 Day High61.41
10 Day Low56.66
20 Day High61.41
20 Day Low47.54
52 Week High136.01
52 Week Low46.03
Performance
1 Week-2.73%
2 Weeks0.51%
1 Month17.72%
3 Month-1.84%
6 Month-19.9%
12 Month-54.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)54.79
LBB56.71
UBB60.89
58.74
-1.02 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.71%
1 Week-2.73%
2 Weeks0.51%
1 Month17.72%
3 Month-1.84%
6 Month-19.9%
12 Month-54.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.16
ATR(20)%4.03%
ATR Inc11.9%
Range Today2.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.1
Mansfield-2.1
10 Day High61.41
10 Day Low56.66
20 Day High61.41
20 Day Low47.54
52 Week High136.01
52 Week Low46.03
CS1 End58.73
CR1 Start59
Volume & EV
DER(3)2.47%
DER(5)1.67%
Volume275.80K
Volume Incr-7.44%
Vol(5)203.86K
Vol(50)221.72K