TRICO BANCSHARES (TCBK) Stock Technical Analysis
NASDAQ:TCBK - US8960951064 - Common Stock
45.42 USD
-0.25 (-0.55%)
45.42 USD
0 (0%)
Taking everything into account, TCBK scores 8 out of 10 in our technical rating. Although TCBK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month TCBK has a been trading in the 40.33 - 45.83 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, TCBK turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
TCBK is an average performer in the Banks industry, it outperforms 40% of 395 stocks in the same industry.
TCBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCBK is lagging the market.
TCBK has an excellent technical rating, but the quality of the setup is only medium 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
35.93
45.87
When analyzing the support we can see 6 important areas.
- A support zone ranging from 43.06 to 44.21. 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 41.30 to 41.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.25 from a horizontal line in the daily time frame.
- A support zone ranging from 39.02 to 39.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.49 from a trend line in the weekly time frame.
- Support @36.29 from a horizontal 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 TCBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCBK is up. |
| ChartMill Relative Strength | 56.18 | 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) | DOWN | MIXED | The current price of TCBK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.93 | NEUTRAL | The RSI value for TCBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests TCBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.4 | OVERBOUGHT | The high Stochastics value suggests TCBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for TCBK suggests some volalility. |
| Average Directional Index/ADX (14) | 29.24 | POSITIVE | The high ADX value value for TCBK 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 |
|---|---|---|---|
| 45.84 | 42.26 | 3.58 (7.81%) | 12.80% |
| An entry @45.84. This is a Buy Stop order right above the 10 day high. | An exit @42.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.58 points, which is 7.81%. | For a 1.00% total portfolio risk, you can invest 12.80% 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.
45.42
-0.25 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.55%
1 Week1.2%
2 Weeks6.67%
1 Month12.82%
3 Month13.83%
6 Month3.89%
12 Month-0.09%
2 Year32.27%
3 Year-3.75%
5 Year64.03%
10 Year91.32%
15 Year227.47%
Volatility
ATR(14)1.15
ATR(20)%2.23%
ATR Inc-11.63%
Range Today0.49
ADR(20)1
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.18
Mansfield-0.24
10 Day High45.83
10 Day Low42.27
20 Day High45.83
20 Day Low40.33
52 Week High51.06
52 Week Low35.2
CS1 End44.21
CR1 StartN/A
Volume & EV
DER(3)0.13%
DER(5)-0.13%
Volume57.10K
Volume Incr-0.73%
Vol(5)85.26K
Vol(50)94.76K