TC BANCSHARES INC (TCBC) Stock Technical Analysis
NASDAQ:TCBC • US87224V1089
13.15 USD
+0.05 (+0.38%)
At close: Aug 1, 2024
13.13 USD
-0.02 (-0.15%)
After Hours: 8/1/2024, 8:00:01 PM
We assign a technical rating of 0 out of 10 to TCBC. TCBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, TCBC is a bad performer in the overall market: 70% of all stocks are doing better.
- TCBC is one of the lesser performing stocks in the Banks industry. 88% of 381 stocks in the same industry do better.
- In the last month TCBC has a been trading in the 12.80 - 14.04 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: TCBC has an average volume of 14114 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- TCBC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCBC is lagging the market.
- Volume is considerably higher in the last couple of days.
The technical rating of TCBC is bad and it also does not present a quality setup 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
13.02
14.49
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.36 to 13.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.19 to 14.35. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for TCBC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCBC is down. |
| ChartMill Relative Strength | 30.53 | NEUTRAL | TCBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.9 | NEUTRAL | The RSI value for TCBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TCBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.08 | NEUTRAL | The Stochastics value for TCBC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for TCBC suggests low volalility. |
| Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for TCBC suggests a weak or negative 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)
13.15
+0.05 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.38%
1 Week-0.83%
2 Weeks-4.78%
1 Month-4.43%
3 Month-2.66%
6 Month-4.85%
12 Month-8.36%
2 Year-7.72%
3 Year1.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.67%
ATR Inc-34.56%
Range Today0.19
ADR(20)0.2
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.53
3 months CRSN/A
6 months CRSN/A
Mansfield-1.46
10 Day High13.95
10 Day Low12.8
20 Day High14.04
20 Day Low12.8
52 Week High14.6
52 Week Low12.35
CS1 EndN/A
CR1 Start13.36
Volume & EV
DER(3)0.64%
DER(5)-4.64%
Volume10.30K
Volume Incr526.36%
Vol(5)60.60K
Vol(50)14.11K
TC BANCSHARES INC / TCBC FAQ
What is the ChartMill technical rating of TC BANCSHARES INC (TCBC) stock?
ChartMill assigns a technical rating of 0 / 10 to TCBC.
What is the trend direction for TCBC stock?
The current trend direction for TC BANCSHARES INC (TCBC) is Bearish.
What is the RSI signal for TCBC stock?
TC BANCSHARES INC (TCBC) has an RSI value of 39.8958. This indicates that the stock is currently neutral.
What is the short term momentum for TCBC stock?
The short term momentum for TC BANCSHARES INC (TCBC) is negative.