SOUTHERN FIRST BANCSHARES (SFST) Stock Technical Analysis
NASDAQ:SFST - Nasdaq - US8428731017 - Common Stock - Currency: USD
Taking everything into account, SFST scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SFST is only an average performer.
Warning: SFST has an average volume of 17336 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
SFST is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, SFST did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SFST is part of the Banks industry. There are 394 other stocks in this industry, SFST did better than 67% of them.
SFST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SFST is lagging the market.
SFST has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
26.20
41.11
When analyzing the support we can see 8 important areas.
- A support zone ranging from 39.35 to 39.48. 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 38.43 to 38.72. 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 37.09 to 37.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.57 from a horizontal line in the weekly time frame.
- Support @34.74 from a horizontal line in the daily time frame.
- Support @33.64 from a horizontal line in the daily time frame.
- Support @32.20 from a trend line in the weekly time frame.
- Support @26.46 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @39.62 from a trend line in the daily time frame.
- Resistance @40.70 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for SFST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SFST is up. |
| ChartMill Relative Strength | 75.36 | POSITIVE | SFST has a high relative strength, it outperformed 75.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SFST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SFST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SFST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.22 | NEUTRAL | The RSI value for SFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SFST has a negative trend. |
| Stochastics (14,3) | 76.15 | NEUTRAL | The Stochastics value for SFST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for SFST suggests some volalility. |
| Average Directional Index/ADX (14) | 31.69 | POSITIVE | The high ADX value value for SFST suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 39.63 | 39.34 | 0.29 (0.73%) | 25.00% |
| An entry @39.63. This is a Buy Stop order right above the resistance zone. | An exit @39.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.29 points, which is 0.73%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SFST. Please evaluate whether better entry and exit points can be found.
- 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.
39.61
-0.11 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.28%
1 Week1.38%
2 Weeks-0.85%
1 Month9.42%
3 Month24.87%
6 Month7.11%
12 Month12.53%
2 Year31.25%
3 Year-11.49%
5 Year62.34%
10 Year94.74%
15 Year560.17%
Volatility
ATR(14)0.88
ATR(20)%2.47%
ATR Inc-7.3%
Range Today0.97
ADR(20)0.89
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.36
Mansfield0.16
10 Day High40.06
10 Day Low38.46
20 Day High40.09
20 Day Low35.15
52 Week High45.91
52 Week Low29.14
CS1 End39.48
CR1 Start39.62
Volume & EV
DER(3)-1.07%
DER(5)-0.88%
Volume26.00K
Volume Incr28.04%
Vol(5)23.22K
Vol(50)17.34K