TEXAS CAPITAL BANCSHARES INC (TCBI) Stock Technical Analysis
NASDAQ:TCBI - Nasdaq - US88224Q1076 - Common Stock - Currency: USD
Overall TCBI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TCBI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TCBI is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, TCBI also shows a nice and consistent pattern of rising prices.
TCBI is part of the Banks industry. There are 395 other stocks in this industry. TCBI outperforms 71% of them.
TCBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCBI is lagging the market.
In the last month TCBI has a been trading in the 70.11 - 84.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, TCBI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 78.18, a Stop Loss order could be placed below this zone.
More info and screens
63.29
79.75
We found 4 important support areas.
- Support @78.18 from a horizontal line in the daily time frame.
- A support zone ranging from 75.64 to 76.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 71.44 to 71.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.93 from a trend line in the weekly time frame.
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 TCBI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCBI is up. |
| ChartMill Relative Strength | 80.96 | POSITIVE | TCBI has a high relative strength, it outperformed 80.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.25 | NEUTRAL | The RSI value for TCBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests TCBI has a positive trend. |
| Stochastics (14,3) | 49.05 | NEUTRAL | The Stochastics value for TCBI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for TCBI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.88 | POSITIVE | The high ADX value value for TCBI suggests a strong 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)
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 |
|---|---|---|---|
| 84.14 | 78.17 | 5.97 (7.10%) | 14.09% |
| An entry @84.14. This is a Buy Stop order right above the 10 day high. | An exit @78.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.97 points, which is 7.10%. | For a 1.00% total portfolio risk, you can invest 14.09% 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.
78.96
+0.14 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.18%
1 Week4.05%
2 Weeks3.01%
1 Month9.17%
3 Month7.01%
6 Month1.74%
12 Month29.15%
2 Year53.32%
3 Year50%
5 Year155.78%
10 Year26.86%
15 Year381.46%
Volatility
ATR(14)2.7
ATR(20)%3.12%
ATR Inc-41.51%
Range Today1.35
ADR(20)2.39
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.96
Mansfield0.01
10 Day High84.13
10 Day Low73.61
20 Day High84.13
20 Day Low70.11
52 Week High91.8
52 Week Low56.24
CS1 End78.18
CR1 StartN/A
Volume & EV
DER(3)0.51%
DER(5)0.6%
Volume485.60K
Volume Incr-16.41%
Vol(5)366.68K
Vol(50)444.03K