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.
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.
25.27
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
27.62
+0.03 (+0.11%)