SEACOAST BANKING CORP/FL (SBCF)       33.5  +0.53 (+1.61%)

33.5  +0.53 (+1.61%)

US8117078019 - Common Stock - After market: 33.5 0 (0%)

Technical Rating

6

Overall SBCF gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SBCF is only an average performer.



The long and short term trends are both positive. This is looking good!
In the last month SBCF has a been trading in the 30.57 - 33.66 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SBCF turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
SBCF is part of the Banks industry. There are 334 other stocks in this industry, SBCF did better than 52% of them.
SBCF is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Statistics

1 Month 3 Months 6 Months 12 Months 5.05% 2.38% -4.96% -9.41% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 40.31 29.05 - 38.055
SBCF Weekly chart
SBCF Daily chart

Support/Resistance Analysis


29.30

38.95
4 important support areas can be observed.
  • A support zone ranging from 32.15 to 32.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @31.46 from a horizontal line in the daily time frame.
  • Support @30.94 from a horizontal line in the daily time frame.
  • A support zone ranging from 29.60 to 30.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
  • A resistance zone ranging from 33.98 to 34.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @35.85 from a horizontal line in the daily time frame.
  • Resistance @38.56 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

8

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 33.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.56, a Stop Loss order could be placed below this zone.


Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
34.5332.142.39 (6.92%)14.45%
An entry @34.53. This is a Buy Stop order right above the resistance zone.An exit @32.14. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.39 points, which is 6.92%.For a 1.00% total portfolio risk, you can invest 14.45% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SBCF Daily chart

SEACOAST BANKING CORP/FL33.5

NASDAQ:SBCF (2/7/2023, 7:05:05 PM)+0.53 (+1.61%)

After market: 33.5 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Banks

Performance
Today 1.61% 1 Week 4.33%
2 Weeks 5.98% 1 Month 5.05%
3 Month 2.38% 6 Month -4.96%

Volatility
ATR(14) 0.91 ATR(20)% 2.71%
ATR Inc -11.4% Range Today 0.95

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 40.31 Mansfield -0.22
10 Day High 33.66 10 Day Low 30.99
20 Day High 33.66 20 Day Low 30.58
52 Week High 38.06 52 Week Low 29.05
CS1 End 32.56 CR1 Start 33.98

Volume & EV
DER(3) 0.37% DER(5) 0.95%
Volume 729.20K Volume Incr 19.98%
Vol(5) 835.22K Vol(50) 696.64K

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA