• Return to Headlines

Lehman Crisis In Retrospect: Texas Capital Bancshares 5.9% Below its Sept. 15th 2008 'Lehman Crisis' Low of $17.78 (TCBI)

Written on Wed, 07/28/2010 - 7:33am
By Chip Brian

Texas Capital Bancshares (NASDAQ:TCBI) is currently trading 5.9% below its Sept. 15th 2008 low of $17.78. Investors are looking to see if the shares can regain the Sept. 15th 'Lehman Crisis' level, which may act as long-term overhead resistance.
In the past 52-weeks, shares of Texas Capital Bancshares have traded between a low of $12.98 and a high of $21.45 and are now at $16.73, which is 28.9% above that low price.
SmarTrend is bearish on shares of Texas Capital Bancshares and our subscribers were alerted to Sell on May 04, 2010 at $19.30. The stock has fallen 13.3% since the alert was issued.

Keywords: texas capital bancshares lehman crisis lehman bankruptcy

Ticker(s): TCBI

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.