SOUTHSIDE BANCSHARES INC (SBSI) Stock Technical Analysis
NYSE:SBSI - New York Stock Exchange, Inc. - US84470P1093 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SBSI. SBSI 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
SBSI is part of the Banks industry. There are 398 other stocks in this industry, of which 72% are performing better than SBSI.
SBSI is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so SBSI is not an exception.
When comparing the performance of all stocks over the past year, SBSI turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
In the last month SBSI has a been trading in the 25.85 - 29.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SBSI does present a nice setup opportunity. 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 27.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.65, a Stop Loss order could be placed below this zone.
More info and screens
25.27
35.34
When analyzing the support we notice one important area.
- A support zone ranging from 25.53 to 25.65. 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 27.63 to 28.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.05 to 29.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.99 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.9
Mansfield-0.19
10 Day High28.41
10 Day Low25.85
20 Day High29.85
20 Day Low25.85
52 Week High38
52 Week Low25.3
Performance
1 Week4.11%
2 Weeks2.52%
1 Month-5.67%
3 Month-13.9%
6 Month-15.02%
12 Month1.28%
2 Year-12.95%
3 Year-29.52%
5 Year-9.17%
10 Year1.1%
15 Year34.39%
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)43.92
LBB25.82
UBB28.91
27.62
+0.03 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.11%
1 Week4.11%
2 Weeks2.52%
1 Month-5.67%
3 Month-13.9%
6 Month-15.02%
12 Month1.28%
2 Year-12.95%
3 Year-29.52%
5 Year-9.17%
10 Year1.1%
15 Year34.39%
Volatility
ATR(14)1.08
ATR(20)%3.25%
ATR Inc-61.07%
Range Today0.38
ADR(20)0.81
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.9
Mansfield-0.19
10 Day High28.41
10 Day Low25.85
20 Day High29.85
20 Day Low25.85
52 Week High38
52 Week Low25.3
CS1 End25.65
CR1 Start27.63
Volume & EV
DER(3)-0.46%
DER(5)-0.19%
Volume144.13K
Volume Incr-18.89%
Vol(5)132.09K
Vol(50)126.92K