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Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Texas Capital Bancshares, Inc. (NASDAQ:TCBI)
Crossroads (-60) - TCBI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for TCBI
The long-term trend has been UP since Jul 12th, 2023 at 55.4400
The intermediate-term trend has been DOWN since Aug 16th, 2023 at 60.9000
The short-term trend has been DOWN since Oct 3rd, 2023 at 57.4277
Smart Scan Analysis for TCBI
Based on our trend formula, TCBI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 57.52 | 57.83 | 56.64 | 57.06 | -0.88 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.94 | 194448 | 2023-10-03 15:59:49 |
| Year High | 103.05 | Year High Date | 2018-05-15 |
| Year Low | 57 | Year Low Date | 2018-11-28 |
| 52wk High | 69.265 | 52wk High Date | 2023-02-03 |
| 52wk Low | 42.79 | 52wk Low Date | 2023-05-12 |
| Year End Close | 44.82 | Average Volume | 442,404 |
| Shares Outstanding | 48,001 | Short Interest | 3,668,750 |
| % Institutional | 98.8 | Market Cap | 2,866M |
| Assets | 285,966,530M | Liabilities | 255,166,790M |
| P/E Ratio | 9.3301 | Beta | 1.18 |
| Volatility | 48.64 |