Sterling Bancorp Inc (SBT) Technical Analysis
NASDAQ:SBT • US85917W1027
Current stock price
SBT Technical Rating and Analysis
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.
- SBT is one of the lesser performing stocks in the Banks industry. 60% of 380 stocks in the same industry do better.
- SBT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month SBT has a been trading in the 4.55 - 4.91 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, SBT turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- Volume is considerably higher in the last couple of days.
SBT Weekly and Daily overview Charts
SBT Setup Rating and Analysis
SBT has only a medium technical rating, but it does show a decent setup pattern. 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.
More info and screens
SBT Support and Resistance Analysis
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.
3 important resistance areas can be observed.
- 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.
SBT Technical Indicator Signal Analysis
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. |
SBT Chart- and CandleStick Pattern Analysis
SBT Example Setup
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 trade has a worst case loss of 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.
SBT Technicals: Chart, Performance Metrics, Trend & Indicators
4.84
-0.04 (-0.82%)
Sterling Bancorp Inc / SBT TA FAQ
Can you provide the ChartMill technical rating for Sterling Bancorp Inc?
ChartMill assigns a technical rating of 6 / 10 to SBT.
Can you provide the trend direction for Sterling Bancorp Inc?
The current trend direction for Sterling Bancorp Inc (SBT) is Bearish.
What is the RSI signal for Sterling Bancorp Inc (SBT) stock?
Sterling Bancorp Inc (SBT) has an RSI value of 56.0165. This indicates that the stock is currently neutral.
What is the support and resistance level for SBT stock?
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.