TRICO BANCSHARES (TCBK) Stock Technical Analysis
NASDAQ:TCBK - Nasdaq - US8960951064 - Common Stock - Currency: USD
Overall TCBK gets a technical rating of 1 out of 10. TCBK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
TCBK is part of the Banks industry. There are 396 other stocks in this industry, of which 72% are performing better than TCBK.
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 55% of all stocks.
TCBK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TCBK is lagging the market slightly.
In the last month TCBK has a been trading in the 38.54 - 42.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TCBK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 40.30. Right above this resistance zone may be a good entry point.
More info and screens
35.53
48.10
When analyzing the support we notice one important area.
- A support zone ranging from 35.89 to 36.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 40.30 to 40.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 41.24 to 41.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.62 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 | DOWN | NEGATIVE | The long term trend for TCBK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TCBK is neutral. |
| ChartMill Relative Strength | 55.08 | NEUTRAL | TCBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TCBK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCBK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.42 | NEUTRAL | The RSI value for TCBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TCBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.63 | NEUTRAL | The Stochastics value for TCBK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for TCBK suggests low volalility. |
| Average Directional Index/ADX (14) | 12.63 | NEGATIVE | The low ADX value for TCBK suggests a weak or negative 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)
40.29
+0.63 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.59%
1 Week0.98%
2 Weeks1.61%
1 Month-0.12%
3 Month-3.5%
6 Month-16.74%
12 Month10.08%
2 Year21.36%
3 Year-11.72%
5 Year32.32%
10 Year67.53%
15 Year137.98%
Volatility
ATR(14)0.71
ATR(20)%1.98%
ATR Inc-26.92%
Range Today0.65
ADR(20)0.77
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.08
Mansfield-0.94
10 Day High40.49
10 Day Low38.54
20 Day High42.16
20 Day Low38.54
52 Week High51.06
52 Week Low35.2
CS1 End36.65
CR1 Start40.3
Volume & EV
DER(3)-3.95%
DER(5)-2.68%
Volume87.80K
Volume Incr6.19%
Vol(5)92.54K
Vol(50)111.75K