SOUTHSIDE BANCSHARES INC (SBSI) Stock Technical Analysis
NYSE:SBSI - New York Stock Exchange, Inc. - US84470P1093 - Common Stock - Currency: USD
Taking everything into account, SBSI scores 2 out of 10 in our technical rating. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
SBSI is one of the lesser performing stocks in the Banks industry. 80% of 397 stocks in the same industry do better.
SBSI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SBSI has a been trading in the 26.04 - 29.36 range, which is quite wide. It is currently trading near the high of this range.
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 45% of all stocks.
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 support zone below the current price at 28.72, a Stop Loss order could be placed below this zone.
More info and screens
25.27
35.34
We found 2 important support areas.
- A support zone ranging from 28.11 to 28.72. 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 25.53 to 25.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 28.89 to 29.04. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @32.77 from a horizontal line in the daily time frame.
- 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
CRS45.4
Mansfield-0.63
10 Day High29.09
10 Day Low27.57
20 Day High29.36
20 Day Low26.04
52 Week High38
52 Week Low25.3
Performance
1 Week1.23%
2 Weeks1.87%
1 Month9.02%
3 Month-8.95%
6 Month-19.53%
12 Month3.25%
2 Year8.98%
3 Year-28.39%
5 Year2.41%
10 Year7.56%
15 Year49.75%
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)0.14
RSI(14)56.78
LBB28
UBB28.97
28.88
-0.02 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.07%
1 Week1.23%
2 Weeks1.87%
1 Month9.02%
3 Month-8.95%
6 Month-19.53%
12 Month3.25%
2 Year8.98%
3 Year-28.39%
5 Year2.41%
10 Year7.56%
15 Year49.75%
Volatility
ATR(14)0.66
ATR(20)%2.16%
ATR Inc-16.2%
Range Today0.3
ADR(20)0.59
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.4
Mansfield-0.63
10 Day High29.09
10 Day Low27.57
20 Day High29.36
20 Day Low26.04
52 Week High38
52 Week Low25.3
CS1 End28.72
CR1 Start28.89
Volume & EV
DER(3)-0.07%
DER(5)-0.85%
Volume92.80K
Volume Incr-38.27%
Vol(5)95.04K
Vol(50)132.76K