THIRD COAST BANCSHARES INC (TCBX) Technical Analysis
NYSE:TCBX • US88422P1093
Current stock price
TCBX Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to TCBX. Although TCBX 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 TCBX is one of the better performing stocks in the market, outperforming 74% of all stocks.
- In the last month TCBX has a been trading in the 35.88 - 39.08 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.
- TCBX is part of the Banks industry. There are 380 other stocks in this industry, TCBX did better than 60% of them.
- TCBX 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 TCBX is lagging the market slightly.
TCBX Weekly and Daily overview Charts
TCBX Setup Rating and Analysis
Although the technical rating is bad, TCBX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 38.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.76, a Stop Loss order could be placed below this zone.
More info and screens
TCBX Support and Resistance Analysis
35.44
When analyzing the support we can see 2 important areas.
- A support zone ranging from 36.47 to 37.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.80 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 38.86 to 39.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for TCBX is neutral. |
| ChartMill Relative Strength | 74.33 | POSITIVE | TCBX has a high relative strength, it outperformed 74.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TCBX is above a declining 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 | POSITIVE | The current price of TCBX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.41 | NEUTRAL | The RSI value for TCBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests TCBX has a positive trend. |
| Stochastics (14,3) | 81.92 | OVERBOUGHT | The high Stochastics value suggests TCBX may be overbought. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for TCBX suggests some volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for TCBX suggests a strong trend. |
TCBX Chart- and CandleStick Pattern Analysis
TCBX Technicals: Chart, Performance Metrics, Trend & Indicators
38.55
-0.04 (-0.1%)
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 3 / 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 51.4059. 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 0.233239, 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 neutral.