Trico Bancshares (TCBK) goes negative by breaking below intraday moving average 2012/10/02 15:35

The intraday price for Trico Bancshares has moved below its 200 period 30 minute moving average of 16.27. TCBK is around 16.12 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $16.5.

Other stocks to watch – these have a positive correlation with Trico Bancshares:

Titanium Resources (TNUMF) with a correlation of 91.08%

The Sports Authority Inc. (TSA) with a correlation of 93.56%

Media & Entertainment Holdings Inc (TVH.U) with a correlation of 90.56%

New Zealand Wco (XDZ) with a correlation of 90.79%

(XS02126745) with a correlation of 93.17%

For the math geeks and quants – the most recent Slope: -0.23 Intercept: 16.5 close: 16.12