Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
Texas Capital Bancshares, Inc. (NASDAQ:TCBI)
Bull Market Weakness (+75) - TCBI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TCBI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TCBI?
MarketClub looks at technical strength and momentum to determine if the timing is right for TCBI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TCBI
The long-term trend has been DOWN since Apr 15th, 2024 at 55.67
The intermediate-term trend has been UP since May 3rd, 2024 at 60.47
The short-term trend has been UP since May 1st, 2024 at 59.00
Smart Scan Analysis for TCBI
Based on our trend formula, TCBI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 60.77 | 61.19 | 60.09 | 60.61 | +0.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 60.58 | 228139 | 2024-05-03 15:59:54 |
| Year High | 103.05 | Year High Date | 2018-05-15 |
| Year Low | 57 | Year Low Date | 2018-11-28 |
| 52wk High | 66.18 | 52wk High Date | 2023-07-21 |
| 52wk Low | 42.79 | 52wk Low Date | 2023-05-12 |
| Year End Close | 44.82 | Average Volume | 450,380 |
| Shares Outstanding | 46,653 | Short Interest | 3,668,750 |
| % Institutional | 98.8 | Market Cap | 2,866M |
| Assets | 291,805,850M | Liabilities | 260,099,230M |
| P/E Ratio | 18.0937 | Beta | 1.18 |
| Volatility | 48.64 |