Overall SBCF gets a technical rating of 7 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.
Besides having an excellent technical rating, SBCF also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.84, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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22.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 30.28 to 30.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.80 to 29.53. 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 31.64 to 31.72. 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 | UP | POSITIVE | The short term trend for SBCF is up. |
| ChartMill Relative Strength | 60.34 | NEUTRAL | SBCF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBCF is above the rising 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) | 59.65 | NEUTRAL | The RSI value for SBCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests SBCF has a positive trend. |
| Stochastics (14,3) | 77.59 | NEUTRAL | The Stochastics value for SBCF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SBCF suggests some volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for SBCF suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.73 | 30.27 | 1.46 (4.60%) | 21.73% |
| An entry @31.73. This is a Buy Stop order right above the resistance zone. | An exit @30.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.46 points, which is 4.60%. | When investing 21.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SBCF. Please evaluate whether better entry and exit points can be found.
- 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.
31.63
+0.09 (+0.29%)
SEACOAST BANKING CORP/FL / SBCF FAQ
Can you provide the ChartMill technical rating for SEACOAST BANKING CORP/FL?
ChartMill assigns a technical rating of 7 / 10 to SBCF.
Can you provide the trend direction for SEACOAST BANKING CORP/FL?
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 59.6506. This indicates that the stock is currently neutral.
What is the short term momentum for SBCF stock?
The short term momentum for SEACOAST BANKING CORP/FL (SBCF) is positive.
What is the support and resistance level for SBCF stock?
SEACOAST BANKING CORP/FL (SBCF) has a support level at 30.84 and a resistance level at 31.64. Check the full technical report for our detailed analysis of SBCF support and resistance levels.