TRICO BANCSHARES (TCBK) Technical Analysis
NASDAQ:TCBK • US8960951064
Current stock price
TCBK Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to TCBK. Although TCBK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that TCBK is one of the better performing stocks in the market, outperforming 71% of all stocks. On top of that, TCBK also shows a nice and consistent pattern of rising prices.
- In the last month TCBK has a been trading in the 45.37 - 48.28 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- TCBK is part of the Banks industry. There are 380 other stocks in this industry, TCBK did better than 53% of them.
- 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.
TCBK Weekly and Daily overview Charts
TCBK Setup Rating and Analysis
Although the technical rating is only medium, TCBK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.91, a Stop Loss order could be placed below this zone.
More info and screens
TCBK Support and Resistance Analysis
35.93
We found 3 important support areas.
- A support zone ranging from 45.69 to 47.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.19 from a trend line in the weekly time frame.
- Support @36.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 52.24 to 52.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
TCBK 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 | NEUTRAL | NEUTRAL | The long term trend for TCBK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TCBK is neutral. |
| ChartMill Relative Strength | 71.27 | POSITIVE | TCBK has a high relative strength, it outperformed 71.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TCBK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCBK is below a declining 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) | 53.07 | NEUTRAL | The RSI value for TCBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests TCBK has a positive trend. |
| Stochastics (14,3) | 86.17 | OVERBOUGHT | The high Stochastics value suggests TCBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for TCBK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.62 | NEGATIVE | The low ADX value for TCBK suggests a weak or negative trend. |
TCBK Chart- and CandleStick Pattern Analysis
TCBK Technicals: Chart, Performance Metrics, Trend & Indicators
48.09
+0.18 (+0.38%)
TRICO BANCSHARES / TCBK TA FAQ
What is the technical rating for TCBK stock?
ChartMill assigns a technical rating of 4 / 10 to TCBK.
Can you provide the trend direction for TRICO BANCSHARES?
The current trend direction for TRICO BANCSHARES (TCBK) is Bearish.
What is the RSI signal for TRICO BANCSHARES (TCBK) stock?
TRICO BANCSHARES (TCBK) has an RSI value of 53.0717. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TRICO BANCSHARES?
The MACD indicator for TRICO BANCSHARES (TCBK) has a value of 0.231188, indicating a bearish trend.