TEXAS CAPITAL BANCSHARES INC (TCBI) Technical Analysis
NASDAQ:TCBI • US88224Q1076
Current stock price
TCBI Technical Rating and Analysis
Taking everything into account, TCBI scores 10 out of 10 in our technical rating. 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 83% of all stocks. On top of that, TCBI also shows a nice and consistent pattern of rising prices.
- TCBI is one of the better performing stocks in the Banks industry, it outperforms 83% of 380 stocks in the same industry.
- TCBI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TCBI is lagging the market slightly.
- In the last month TCBI has a been trading in the 90.02 - 101.95 range, which is quite wide. It is currently trading near the high of this range.
TCBI Weekly and Daily overview Charts
TCBI Setup Rating and Analysis
Although TCBI has an excellent technical rating, it does not present a decent entry opportunity 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
TCBI Support and Resistance Analysis
67.34
3 important support areas can be observed.
- A support zone ranging from 93.86 to 97.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.54 to 91.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.02 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 105.02 to 105.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
TCBI 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 | 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 | 83.96 | POSITIVE | TCBI has a high relative strength, it outperformed 83.96% 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) | 65.71 | NEUTRAL | The RSI value for TCBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.07 | POSITIVE | The MACD value suggests TCBI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.12 | OVERBOUGHT | The high Stochastics value suggests TCBI may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for TCBI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for TCBI suggests a weak or negative trend. |
TCBI Chart- and CandleStick Pattern Analysis
TCBI Technicals: Chart, Performance Metrics, Trend & Indicators
100.79
-0.58 (-0.57%)
TEXAS CAPITAL BANCSHARES INC / TCBI TA FAQ
Can you provide the ChartMill technical rating for TEXAS CAPITAL BANCSHARES INC?
ChartMill assigns a technical rating of 10 / 10 to TCBI.
What is the current trend direction of TEXAS CAPITAL BANCSHARES INC (TCBI) stock?
The current trend direction for TEXAS CAPITAL BANCSHARES INC (TCBI) is Bullish.
Can you provide the RSI signal for TEXAS CAPITAL BANCSHARES INC?
TEXAS CAPITAL BANCSHARES INC (TCBI) has an RSI value of 65.7133. This indicates that the stock is currently neutral.
What is the MACD signal for TEXAS CAPITAL BANCSHARES INC (TCBI) stock?
The MACD indicator for TEXAS CAPITAL BANCSHARES INC (TCBI) has a value of 1.06522, indicating a bullish trend.
What is the support and resistance level for TCBI stock?
TEXAS CAPITAL BANCSHARES INC (TCBI) has a support level at 97.81 and a resistance level at 105.02. Check the full technical report for our detailed analysis of TCBI support and resistance levels.