Sterling Bancorp Inc (SBT) Stock Technical Analysis
USA - NASDAQ:SBT - US85917W1027 - Common Stock
Taking everything into account, SBT scores 6 out of 10 in our technical rating. In the last year, SBT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, SBT 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 resistance zone just above the current price starting at 4.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.77, a Stop Loss order could be placed below this zone.
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4.46
We found 2 important support areas.
- A support zone ranging from 4.61 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.86 to 4.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.73 from a trend line in the weekly time frame.
- Resistance @5.92 from a horizontal line in the weekly time frame.
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 SBT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SBT is up. |
| ChartMill Relative Strength | 69.91 | NEUTRAL | SBT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SBT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SBT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.02 | NEUTRAL | The RSI value for SBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SBT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.81 | OVERBOUGHT | The high Stochastics value suggests SBT may be overbought. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for SBT suggests low volalility. |
| Average Directional Index/ADX (14) | 29.27 | POSITIVE | The high ADX value value for SBT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.92 | 4.79 | 0.13 (2.64%) | 25.00% |
| An entry @4.92. This is a Buy Stop order right above the resistance zone. | An exit @4.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 2.64%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.84
-0.04 (-0.82%)
Sterling Bancorp Inc / SBT FAQ
Can you provide the ChartMill technical rating for Sterling Bancorp Inc?
ChartMill assigns a technical rating of 6 / 10 to SBT.
What is the trend direction for SBT stock?
The current trend direction for Sterling Bancorp Inc (SBT) is Bearish.
What is the RSI signal for SBT stock?
Sterling Bancorp Inc (SBT) has an RSI value of 56.0165. This indicates that the stock is currently neutral.
What is the MACD signal for SBT stock?
The MACD indicator for Sterling Bancorp Inc (SBT) has a value of 0.0106231, indicating a bearish trend.
Can you provide the support and resistance levels for Sterling Bancorp Inc?
Sterling Bancorp Inc (SBT) has a support level at 4.77 and a resistance level at 4.86. Check the full technical report for our detailed analysis of SBT support and resistance levels.