TRICO BANCSHARES (TCBK) Technical Analysis
NASDAQ:TCBK • US8960951064
Current stock price
TCBK Technical Rating and Analysis
Taking everything into account, TCBK scores 2 out of 10 in our technical rating. 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.
- In the last month TCBK has a been trading in the 45.53 - 52.32 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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 59% of all stocks.
- TCBK is part of the Banks industry. There are 381 other stocks in this industry, TCBK did better than 56% 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 bad, 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 46.94, a Stop Loss order could be placed below this zone.
More info and screens
TCBK Support and Resistance Analysis
35.93
When analyzing the support we can see 6 important areas.
- Strong support @46.94 from a horizontal line in the daily time frame.
- Support @45.12 from a trend line in the weekly time frame.
- Support @43.41 from a trend line in the daily time frame.
- Support @41.16 from a horizontal line in the weekly time frame.
- Support @39.66 from a horizontal line in the daily time frame.
- Support @36.29 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 47.75 to 49.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for TCBK is down. |
| ChartMill Relative Strength | 59.34 | 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) | UP | MIXED | The current price of TCBK is below 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) | 39.48 | NEUTRAL | The RSI value for TCBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests TCBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.32 | NEUTRAL | The Stochastics value for TCBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for TCBK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.94 | 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
47.33
-0.05 (-0.12%)
TRICO BANCSHARES / TCBK TA FAQ
What is the technical rating for TCBK stock?
ChartMill assigns a technical rating of 2 / 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 TCBK stock?
TRICO BANCSHARES (TCBK) has an RSI value of 39.4778. This indicates that the stock is currently neutral.
What is the short term momentum for TCBK stock?
The short term momentum for TRICO BANCSHARES (TCBK) is negative.
What are the support and resistance levels for TRICO BANCSHARES (TCBK) stock?
TRICO BANCSHARES (TCBK) has a support level at 46.94 and a resistance level at 47.75. Check the full technical report for our detailed analysis of TCBK support and resistance levels.