SB FINANCIAL GROUP INC (SBFG) Stock Technical Analysis
USA - NASDAQ:SBFG - US78408D1054 - Common Stock
We assign a technical rating of 3 out of 10 to SBFG. SBFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SBFG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SBFG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.02
We found 3 important support areas.
- A support zone ranging from 18.44 to 18.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.62 from a horizontal line in the weekly time frame.
- Support @17.19 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.67 to 20.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.49 to 21.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.10 to 22.10. 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 | NEUTRAL | NEUTRAL | The long term trend for SBFG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBFG is neutral. |
| ChartMill Relative Strength | 44.75 | NEUTRAL | SBFG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBFG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBFG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SBFG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.11 | NEUTRAL | The RSI value for SBFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SBFG has a positive trend. |
| Stochastics (14,3) | 64.44 | NEUTRAL | The Stochastics value for SBFG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SBFG suggests some volalility. |
| Average Directional Index/ADX (14) | 13.94 | NEGATIVE | The low ADX value for SBFG suggests a weak or negative trend. |
19.66
+0.94 (+5.02%)
SB FINANCIAL GROUP INC / SBFG FAQ
What is the ChartMill technical rating of SB FINANCIAL GROUP INC (SBFG) stock?
ChartMill assigns a technical rating of 3 / 10 to SBFG.
Can you provide the trend direction for SB FINANCIAL GROUP INC?
The current trend direction for SB FINANCIAL GROUP INC (SBFG) is Bearish.
What is the RSI signal for SB FINANCIAL GROUP INC (SBFG) stock?
SB FINANCIAL GROUP INC (SBFG) has an RSI value of 52.1117. This indicates that the stock is currently neutral.
What is the short term momentum for SBFG stock?
The short term momentum for SB FINANCIAL GROUP INC (SBFG) is neutral.