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. Just by looking at the Texas Capital Bancshares stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the TCBI stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Texas Capital Bancshares. The technical analysis form of Texas Capital Bancshares stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Texas Capital Bancshares Moving Average
Moving averages show the average price of TCBI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Texas Capital Bancshares are mostly signals of long term trends and will help long term traders.
Texas Capital Bancshares Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the TCBI stock. The stock price is trading between the average and the lower band in the context of Texas Capital Bancshares bollinger bands.
Texas Capital Bancshares Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Texas Capital Bancshares MACD line is below the signal line.
Texas Capital Bancshares Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 40 is the RSI value of TCBI stock.