SEACOAST BANKING CORP/FL (SBCF) Stock Technical Analysis
NASDAQ:SBCF - Nasdaq - US8117078019 - Common Stock - Currency: USD
Overall SBCF gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SBCF is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
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.
In the last month SBCF has a been trading in the 24.46 - 29.99 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SBCF did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SBCF is an average performer in the Banks industry, it outperforms 66% of 394 stocks in the same industry.
SBCF has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.16
31.21
When analyzing the support we can see 5 important areas.
- A support zone ranging from 28.87 to 29.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.50 to 26.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.53 from a trend line in the daily time frame.
- A support zone ranging from 24.57 to 24.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.38 to 22.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.46 to 30.90. 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 | 81.38 | POSITIVE | SBCF has a high relative strength, it outperformed 81.38% off all stocks 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) | 69.84 | NEUTRAL | The RSI value for SBCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests SBCF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.55 | OVERBOUGHT | The high Stochastics value suggests SBCF may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for SBCF suggests some volalility. |
| Average Directional Index/ADX (14) | 28.18 | POSITIVE | The high ADX value value for SBCF suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 30.91 | 28.86 | 2.05 (6.63%) | 15.08% |
| An entry @30.91. This is a Buy Stop order right above the resistance zone. | An exit @28.86. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.05 points, which is 6.63%. | For a 1.00% total portfolio risk, you can invest 15.08% 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.
29.29
-0.37 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.25%
1 Week-0.88%
2 Weeks9.78%
1 Month12.65%
3 Month32.89%
6 Month14.19%
12 Month14.68%
2 Year18.53%
3 Year-18.14%
5 Year55.14%
10 Year95.92%
15 Year330.74%
Volatility
ATR(14)0.81
ATR(20)%2.51%
ATR Inc15.56%
Range Today0.38
ADR(20)0.7
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.38
Mansfield0.12
10 Day High29.99
10 Day Low26.68
20 Day High29.99
20 Day Low24.46
52 Week High31.68
52 Week Low21.36
CS1 End29.03
CR1 Start30.46
Volume & EV
DER(3)2.31%
DER(5)-0.22%
Volume492.40K
Volume Incr-22.89%
Vol(5)534.68K
Vol(50)525.03K