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Texas Capital Bancshares Crosses Above its 10-day MA (TCBI)

By Shiri Gupta

Texas Capital Bancshares (NASDAQ:TCBI) crossed over its 10-day moving average of $52.13 on a volume of 101K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Texas Capital Bancshares share prices have been bracketed by a low of $29.78 and a high of $63.70 and are now at $52.33, 76% above that low price. The 200-day and 50-day moving averages have moved 0.65% lower and 2.25% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Texas Capital Bancshares and will alert subscribers who have TCBI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses texas capital bancshares

Ticker(s): TCBI