We assign a technical rating of 8 out of 10 to TCBK. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TCBK is only an average performer.
Although TCBK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
35.93
When analyzing the support we can see 6 important areas.
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 TCBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCBK is up. |
| ChartMill Relative Strength | 59.6 | NEUTRAL | TCBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.28 | NEUTRAL | The RSI value for TCBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests TCBK has a positive trend. |
| Stochastics (14,3) | 92.45 | OVERBOUGHT | The high Stochastics value suggests TCBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for TCBK suggests some volalility. |
| Average Directional Index/ADX (14) | 21.97 | NEUTRAL | The ADX value for TCBK suggests a possible start of a new trend. |
48.41
-0.43 (-0.88%)
ChartMill assigns a technical rating of 8 / 10 to TCBK.
The current trend direction for TRICO BANCSHARES (TCBK) is Bullish.
TRICO BANCSHARES (TCBK) has an RSI value of 68.2823. This indicates that the stock is currently neutral.
The MACD indicator for TRICO BANCSHARES (TCBK) has a value of 0.343395, indicating a bearish trend.
The buy/sell signal for TRICO BANCSHARES (TCBK) is buy as both the short term and long term trends are positive.