RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TCBK
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Green day on Wednesday for TriCo Bancshares
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 20, 2024 Gain 3.91% PDF

The TriCo Bancshares stock price gained 4.42% on the last trading day (Wednesday, 27th Mar 2024), rising from $35.08 to $36.63. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.09% from a day low at $35.19 to a day high of $36.63. The price has risen in 7 of the last 10 days and is up by 5.38% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 71 thousand shares were bought and sold for approximately $2.62 million.

Given the current short-term trend, the stock is expected to fall -17.97% during the next 3 months and, with a 90% probability hold a price between $24.96 and $30.05 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TCBK Signals & Forecast

Mostly positive signals in the chart today. The TriCo Bancshares stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $35.20 and $34.59. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 10.80%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for TriCo Bancshares stock

TriCo Bancshares finds support from accumulated volume at $35.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.44 between high and low, or 4.09%. For the last week, the stock has had daily average volatility of 2.68%.

Our recommended stop-loss: $34.49 (-5.84%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 20 days ago.)

Trading Expectations (TCBK) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect TriCo Bancshares to open at $36.15, and during the day (based on 14 day Average True Range), to move between $35.41 and $37.85, which gives a possible trading interval of +/-$1.22 (+/-3.33%) up or down from last closing price. If TriCo Bancshares takes out the full calculated possible swing range there will be an estimated 6.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $35.14 (4.07%) than the resistance at $38.27 (4.48%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is TriCo Bancshares stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.446 Buy Candidate Unchanged

Predicted Opening Price for TriCo Bancshares of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$36.15 ( 1.31%) $36.63

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TCBK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 37.59 2.62 %
R2 37.04 1.12 %
R1 36.70 0.191 %
Current price: 36.63
Support S1 35.60 -2.81 %
S2 35.26 -3.74 %
S3 34.71 -5.24 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 40.98 11.88 %
R2 40.79 11.36 %
R1 38.27 4.48 %
Current price 36.63
Support S1 35.14 -4.07%
S2 34.95 -4.59%
S3 34.49 -5.84%

TCBK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Mar 07, 2024 Mar 22, 2024 $0.330 0.94%
2 Nov 20, 2023 Dec 07, 2023 Dec 22, 2023 $0.300 0.691%
3 Aug 24, 2023 Sep 07, 2023 Sep 22, 2023 $0.300 0.96%
4 May 18, 2023 Jun 08, 2023 Jun 23, 2023 $0.300 0.90%
5 Mar 06, 2023 Mar 16, 2023 Mar 24, 2023 $0.300 0.698%

FAQ

What is the symbol for TriCo Bancshares Stock and on which exchange is it traded?
The symbol for TriCo Bancshares is TCBK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell TriCo Bancshares Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy TriCo Bancshares Stock?
TriCo Bancshares Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy TriCo Bancshares Stock.

What's the current price of TriCo Bancshares Stock?
As of the end of day on the 2024-03-27, the price of an TriCo Bancshares (TCBK) share was $36.63.

What is the 52-week high and low for TriCo Bancshares Stock?
The 52-week high for TriCo Bancshares Stock is $45.84 and the 52-week low is $28.66.

What is the market capitalization of TriCo Bancshares Stock?
As of the 2024-03-27, the market capitalization of TriCo Bancshares is 1.167B.

When is the next earnings date for TriCo Bancshares?
The upcoming earnings date for TriCo Bancshares is Apr 24, 2024.
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About TriCo Bancshares

TriCo Bancshares TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offer... TCBK Profile

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