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Texas Capital Ba Down 40.0% Since SmarTrend Downtrend Call (TCBI)

By Nick Russo

SmarTrend identified a Downtrend for Texas Capital Ba (NASDAQ:TCBI) on July 31st, 2018 at $90.95. In approximately 4 months, Texas Capital Ba has returned 39.96% as of today's recent price of $54.61.

Over the past year, Texas Capital Bahas traded in a range of $53.96 to $103.05 and are now at $54.61. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 2.5%.

Texas Capital Bancshares, Inc. is the holding company for Texas Capital Bank, NA. The Bank attracts deposits from the general public and invests those funds in loans secured by single-family residential loans and commercial real estate, secured and unsecured commercial loans, and consumer loans. Texas Capital Bancshares serves customers in the State of Texas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Texas Capital Ba.

Log in and add Texas Capital Ba (TCBI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights texas capital ba

Ticker(s): TCBI