TEXAS CAPITAL BANCSHARES INC (TCBI)

US88224Q1076 - Common Stock

60.12  -0.04 (-0.07%)

After market: 60.12 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, TCBI scores 6 out of 10 in our technical rating. TCBI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TCBI is one of the better performing stocks in the Banks industry, it outperforms 73% of 411 stocks in the same industry.
TCBI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TCBI is performing more or less in line with the market.
In the last month TCBI has a been trading in the 54.68 - 61.70 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, TCBI turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
TCBI Weekly chart
TCBI Daily chart
Setup Rating and Analysis

5

TCBI has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

53.85

65.29

We found 3 important support areas.

  • A support zone ranging from 57.56 to 59.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 56.34 to 56.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @54.39 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 60.27 to 61.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 63.20 to 64.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.16
Mansfield-0.56
10 Day High60.47
10 Day Low54.68
20 Day High61.7
20 Day Low54.68
52 Week High66.18
52 Week Low42.79
Performance
1 Week7.51%
2 Weeks5.22%
1 Month2.72%
3 Month-2.67%
6 Month10.33%
12 Month19.64%
2 Year17.06%
3 Year-12.4%
5 Year-7.12%
10 Year6.99%
15 Year329.43%
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)0.35
RSI(14)57.78
LBB54.62
UBB61.18
TCBI Daily chart

TEXAS CAPITAL BANCSHARES INC

NASDAQ:TCBI (4/24/2024, 7:00:01 PM)

After market: 60.12 0 (0%)

60.12

-0.04 (-0.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.07%
1 Week7.51%
2 Weeks5.22%
1 Month2.72%
3 Month-2.67%
6 Month10.33%
12 Month19.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.55
ATR(20)%2.58%
ATR Inc
Range Today1.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High60.47
10 Day Low54.68
20 Day High61.7
20 Day Low54.68
52 Week High66.18
52 Week Low42.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume304.80K
Volume Incr23.71%
Vol(5)526.16K
Vol(50)428.26K