Texas Capital Bancshares, Inc. ($TCBIP) And TriState Capital Holdings, Inc. ($TSCAP) Square Off

2019-08-16 | Welcome! Today we compared how two different stocks in the Major Banks industry are trading: Texas Capital Bancshares, Inc. and TriState Capital Holdings, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Texas Capital Bancshares, Inc. opened at 26.03, got to a maximum price of 26.04 and dropped to as low as 26.0 before finishing the session at 26.04. In total there were 1400 shares traded, which is enough to conduct our analysis. Compare that now to TriState Capital Holdings, Inc., which opened at 26.92, had a high of 26.92, a low of 26.81, closed at 26.81 and had a total volume of 600.0.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Texas Capital Bancshares, Inc. TriState Capital Holdings, Inc.
Accumulation-distribution index 276.38846 45.2608
on-balance volume -26.03 27.2
chaikin money flow

7.0 0.83801
force index

0.0045 0.0196
ease of movement rating

-8e-05 -0.00113
volume-price trend

0.10507 0.27598
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Texas Capital Bancshares, Inc. TriState Capital Holdings, Inc.
Average true range 0.06709 0.20525
Bolinger bands 26.04571 27.17408
Upper bollinger band 25.90429 26.63612
Lower bollinger band

26.0 26.81
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

26.02333 26.88333
High band keltner channel

26.01333 26.88333
Low band keltner channel

26.03333 26.88333
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

26.0 26.81
Donchain channel low band

26.0 26.81
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Texas Capital Bancshares, Inc. TriState Capital Holdings, Inc.
Moving Average Convergence Divergence (MACD) trend_macd 0.00427
MACD signal -0.00062 0.00237
MACD difference -0.0005 0.0019
fast Exponential Moving Average (EMA) indicator

26.0 26.81
slow Exponential Moving Average (EMA) indicator

26.0 26.81
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.28584 0.34115

0.33357 0.57911
Mass Index (MI)

1.0 1.8
Commodity Channel Index (CCI)

66.66667 66.66667
Detrended Price Oscillator (DPO)

-0.10711 -0.27629
KST Oscillator (KST)

4.13681 10.41291
KST Oscillator (KST Signal)

4.13681 10.41291
KST difference

-0.48276 1.79206
Ichimoku rating

26.035 26.92
Ichimoku B rating

26.035 26.92
Ichimoku visual trend A

26.0029 27.17746
Ichimoku visual trend B

26.02719 27.39202
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Texas Capital Bancshares, Inc. TriState Capital Holdings, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 100.0
True Strength Index (TSI) 100.0 100.0
ultimate oscillator

78.1204 71.52421
stochastic oscillator

400.0 50.0
stochastic oscillator signal

400.0 50.0
Williams %R rating

300.0 -50.0
awesome oscillator

-0.00908 -0.00435

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Texas Capital Bancshares, Inc. and TriState Capital Holdings, Inc..

Daily return 0.41368 1.04129
Daily log return -0.19249 0.70693
Cumulative return -0.19231 0.70944

So there you have it: our deep, grueling analysis comparing Texas Capital Bancshares, Inc. and TriState Capital Holdings, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Texas Capital Bancshares, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether TCBIP is strong or weak. Again – this is not a reliable indication of whether Texas Capital Bancshares, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with TriState Capital Holdings, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

Leave a Reply

Your email address will not be published. Required fields are marked *