TRICO BANCSHARES (TCBK) Stock Technical Analysis
USA - NASDAQ:TCBK - US8960951064 - Common Stock
42.33 USD
+0.02 (+0.05%)
42.33 USD
0 (0%)
We assign a technical rating of 1 out of 10 to TCBK. TCBK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
66% of all other stocks performed better in the past year than TCBK.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TCBK is part of the Banks industry. There are 391 other stocks in this industry, TCBK did better than 42% of them.
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.
In the last month TCBK has a been trading in the 40.44 - 45.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of TCBK is bad and it also does not present a quality setup 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
35.72
46.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 40.26 to 41.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @39.33 from a horizontal line in the daily time frame.
- Support @37.96 from a trend line in the weekly time frame.
- A support zone ranging from 36.08 to 36.29. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 42.38 to 43.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.15 to 44.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.43 from a horizontal line in the weekly time frame.
- Resistance @46.49 from a horizontal line in the daily 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 | 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 | 34.49 | 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) | DOWN | MIXED | The current price of TCBK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.27 | NEUTRAL | The RSI value for TCBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests TCBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.97 | NEUTRAL | The Stochastics value for TCBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for TCBK suggests some volalility. |
| Average Directional Index/ADX (14) | 12.89 | 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)
42.33
+0.02 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.05%
1 Week-3.47%
2 Weeks-3.25%
1 Month-5.68%
3 Month-1.04%
6 Month9.92%
12 Month0.26%
2 Year30.85%
3 Year-26.9%
5 Year46.32%
10 Year60.58%
15 Year171.52%
Volatility
ATR(14)1.13
ATR(20)%2.39%
ATR Inc-15.26%
Range Today0.54
ADR(20)0.97
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.49
Mansfield-1.08
10 Day High44.08
10 Day Low40.44
20 Day High45.71
20 Day Low40.44
52 Week High51.06
52 Week Low35.2
CS1 End41.45
CR1 Start42.38
Volume & EV
DER(3)4.09%
DER(5)2.41%
Volume49.10K
Volume Incr-18.61%
Vol(5)75.90K
Vol(50)87.74K