TC BANCSHARES INC (TCBC) Technical Analysis
NASDAQ:TCBC • US87224V1089
Current stock price
TCBC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TCBC. TCBC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 70% of all other stocks performed better in the past year than TCBC.
- TCBC is part of the Banks industry. There are 381 other stocks in this industry, of which 77% are performing better than TCBC.
- 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- TCBC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TCBC is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
TCBC Weekly and Daily overview Charts
TCBC Setup Rating and Analysis
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
TCBC Support and Resistance Analysis
13.02
2 important resistance areas can be observed.
- 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.
TCBC Technical Indicator Signal Analysis
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. |
TCBC Chart- and CandleStick Pattern Analysis
TCBC Technicals: Chart, Performance Metrics, Trend & Indicators
13.15
+0.05 (+0.38%)
TC BANCSHARES INC / TCBC TA 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.