THIRD COAST BANCSHARES INC (TCBX) Technical Analysis
NYSE:TCBX • US88422P1093
Current stock price
38.05 USD
+0.36 (+0.96%)
At close:
37.97 USD
-0.08 (-0.21%)
Pre-Market:
TCBX Technical Rating and Analysis
Overall TCBX gets a technical rating of 2 out of 10. TCBX 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.
- TCBX is part of the Banks industry. There are 376 other stocks in this industry, of which 60% are performing better than TCBX.
- In the last month TCBX has a been trading in the 36.45 - 42.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- 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, TCBX turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- TCBX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCBX is lagging the market.
TCBX Weekly and Daily overview Charts
TCBX Setup Rating and Analysis
The technical rating of TCBX 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
TCBX Support and Resistance Analysis
35.44
43.90
We found 2 important support areas.
- A support zone ranging from 36.47 to 37.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.80 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 39.00 to 39.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @42.33 from a horizontal line in the daily time frame.
- A resistance zone ranging from 43.47 to 43.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
TCBX 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 TCBX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCBX is down. |
| ChartMill Relative Strength | 58.55 | NEUTRAL | TCBX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TCBX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCBX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TCBX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.14 | NEUTRAL | The RSI value for TCBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests TCBX has a negative trend. |
| Stochastics (14,3) | 20.39 | NEUTRAL | The Stochastics value for TCBX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for TCBX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.81 | NEUTRAL | The ADX value for TCBX suggests a possible start of a new trend. |
TCBX Chart- and CandleStick Pattern Analysis
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)
TCBX Technicals: Chart, Performance Metrics, Trend & Indicators
38.05
+0.36 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.96%
1 Week-7.08%
2 Weeks-8.45%
1 Month1.63%
3 Month-6.19%
6 Month3.54%
12 Month24.71%
2 Year95.93%
3 Year172.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%3.4%
ATR Inc-2.55%
Range Today1.47
ADR(20)1.24
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.55
3 months CRS26.68
6 months CRS58.11
Mansfield-0.62
10 Day High42.83
10 Day Low36.45
20 Day High42.83
20 Day Low36.45
52 Week High43.84
52 Week Low29.6
CS1 End37.05
CR1 Start39
Volume & EV
DER(3)-2.33%
DER(5)-2.87%
Volume79.80K
Volume Incr83.37%
Vol(5)137.68K
Vol(50)79.67K
THIRD COAST BANCSHARES INC / TCBX TA FAQ
Can you provide the ChartMill technical rating for THIRD COAST BANCSHARES INC?
ChartMill assigns a technical rating of 2 / 10 to TCBX.
Can you provide the trend direction for THIRD COAST BANCSHARES INC?
The current trend direction for THIRD COAST BANCSHARES INC (TCBX) is Bearish.
What is the RSI signal for THIRD COAST BANCSHARES INC (TCBX) stock?
THIRD COAST BANCSHARES INC (TCBX) has an RSI value of 40.1405. This indicates that the stock is currently neutral.
Can you provide the MACD signal for THIRD COAST BANCSHARES INC?
The MACD indicator for THIRD COAST BANCSHARES INC (TCBX) has a value of -0.407904, indicating a bearish trend.
Can you provide the short term momentum for THIRD COAST BANCSHARES INC?
The short term momentum for THIRD COAST BANCSHARES INC (TCBX) is negative.