SEACOAST BANKING CORP/FL (SBCF) Stock Technical Analysis
NASDAQ:SBCF • US8117078019
We assign a technical rating of 5 out of 10 to SBCF. SBCF has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month SBCF has a been trading in the 32.82 - 35.55 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- SBCF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SBCF is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that SBCF is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SBCF is part of the Banks industry. There are 381 other stocks in this industry, SBCF did better than 52% of them.
SBCF has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.50, a Stop Loss order could be placed below this zone.
More info and screens
22.28
4 important support areas can be observed.
- A support zone ranging from 32.89 to 33.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.65 to 32.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.80 to 29.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.78 to 35.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SBCF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBCF is neutral. |
| ChartMill Relative Strength | 70.44 | POSITIVE | SBCF has a high relative strength, it outperformed 70.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBCF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SBCF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBCF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.52 | NEUTRAL | The RSI value for SBCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SBCF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.25 | NEUTRAL | The Stochastics value for SBCF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for SBCF suggests some volalility. |
| Average Directional Index/ADX (14) | 14.44 | NEGATIVE | The low ADX value for SBCF suggests a weak or negative trend. |
33.75
+0.26 (+0.78%)
SEACOAST BANKING CORP/FL / SBCF FAQ
Can you provide the ChartMill technical rating for SEACOAST BANKING CORP/FL?
ChartMill assigns a technical rating of 5 / 10 to SBCF.
What is the current trend direction of SEACOAST BANKING CORP/FL (SBCF) stock?
The current trend direction for SEACOAST BANKING CORP/FL (SBCF) is Bullish.
What is the RSI signal for SEACOAST BANKING CORP/FL (SBCF) stock?
SEACOAST BANKING CORP/FL (SBCF) has an RSI value of 51.5221. This indicates that the stock is currently neutral.
What is the MACD signal for SEACOAST BANKING CORP/FL (SBCF) stock?
The MACD indicator for SEACOAST BANKING CORP/FL (SBCF) has a value of -0.137891, indicating a bearish trend.
What are the support and resistance levels for SEACOAST BANKING CORP/FL (SBCF) stock?
SEACOAST BANKING CORP/FL (SBCF) has a support level at 33.5 and a resistance level at 34.78. Check the full technical report for our detailed analysis of SBCF support and resistance levels.