Texas Capital Bancshares Technical Analysis (NASDAQ:TCBI)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. When a chart pattern that can predict future Texas Capital Bancshares stock price movements is formed, the TCBI stock chart can become a key tool for a technical analyst.
See Texas Capital Bancshares bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking Texas Capital Bancshares stock analysis using these technical indicators helps identify trading opportunities.
Texas Capital Bancshares Moving Average:
TCBI stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Texas Capital Bancshares chart patterns after the calculations remain the same. The 100 day moving average of 79.36 is below the last closing price of 80.75. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer TCBI stock price movement for the moving average to change course.
Texas Capital Bancshares Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Texas Capital Bancshares. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Texas Capital Bancshares bollinger bands show that the stock price is $80.75, upper band is 19.26, lower band is 18.82, and the average is 19.71.
Texas Capital Bancshares Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Texas Capital Bancshares MACD indicator can be used to identify bullish and bearish trends for the stock.
Texas Capital Bancshares Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 25.67 is the RSI value of TCBI stock. .