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.
Although the technical rating is only medium, SBCF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 31.31, a Stop Loss order could be placed below this zone.
22.28
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | 73.09 | POSITIVE | SBCF has a high relative strength, it outperformed 73.09% 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) | 44.29 | NEUTRAL | The RSI value for SBCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SBCF has a negative trend. |
| Stochastics (14,3) | 13.81 | OVERSOLD | The low Stochastics value suggests SBCF may be oversold. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for SBCF suggests some volalility. |
| Average Directional Index/ADX (14) | 17.22 | NEGATIVE | The low ADX value for SBCF suggests a weak or negative trend. |
31.42
+0.01 (+0.03%)
ChartMill assigns a technical rating of 5 / 10 to SBCF.
The current trend direction for SEACOAST BANKING CORP/FL (SBCF) is Bullish.
SEACOAST BANKING CORP/FL (SBCF) has an RSI value of 44.2942. This indicates that the stock is currently neutral.
The MACD indicator for SEACOAST BANKING CORP/FL (SBCF) has a value of -0.165873, indicating a bearish trend.
SEACOAST BANKING CORP/FL (SBCF) has a support level at 31.31 and a resistance level at 31.65. Check the full technical report for our detailed analysis of SBCF support and resistance levels.