SOUTHERN FIRST BANCSHARES (SFST) Technical Analysis
NASDAQ:SFST • US8428731017
Current stock price
SFST Technical Rating and Analysis
Overall SFST gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, SFST did better than 86% of all other stocks. We also observe that the gains produced by SFST over the past year are nicely spread over this period.
- SFST is part of the Banks industry. There are 376 other stocks in this industry. SFST outperforms 95% of them.
- SFST is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SFST is lagging the market slightly.
- In the last month SFST has a been trading in the 51.50 - 59.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
SFST Weekly and Daily overview Charts
SFST Setup Rating and Analysis
SFST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. 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 59.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.26, a Stop Loss order could be placed below this zone.
More info and screens
SFST Support and Resistance Analysis
50.74
3 important support areas can be observed.
- A support zone ranging from 54.71 to 56.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.62 from a trend line in the daily time frame.
- A support zone ranging from 51.25 to 51.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.82 to 61.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
SFST 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 | UP | POSITIVE | The long term trend for SFST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SFST is neutral. |
| ChartMill Relative Strength | 86.15 | POSITIVE | SFST has a high relative strength, it outperformed 86.15% 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) | DOWN | MIXED | The current price of SFST is above a declining 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) | 52.29 | NEUTRAL | The RSI value for SFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SFST has a negative trend. |
| Stochastics (14,3) | 42.68 | NEUTRAL | The Stochastics value for SFST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for SFST suggests some volalility. |
| Average Directional Index/ADX (14) | 18.52 | NEGATIVE | The low ADX value for SFST suggests a weak or negative trend. |
SFST Chart- and CandleStick Pattern Analysis
SFST 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 |
|---|---|---|---|
| 59.71 | 54.78 | 4.93 (8.26%) | 12.11% |
| An entry @59.71. This is a Buy Stop order right above the 10 day high. | An exit @54.78. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.93 points, which is 8.26%. | For a 1.00% total portfolio risk, you can invest 12.11% 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.
SFST Technicals: Chart, Performance Metrics, Trend & Indicators
56.68
+0.25 (+0.44%)
SOUTHERN FIRST BANCSHARES / SFST TA FAQ
What is the ChartMill technical rating of SOUTHERN FIRST BANCSHARES (SFST) stock?
ChartMill assigns a technical rating of 8 / 10 to SFST.
Can you provide the trend direction for SOUTHERN FIRST BANCSHARES?
The current trend direction for SOUTHERN FIRST BANCSHARES (SFST) is Bullish.
What is the RSI signal for SOUTHERN FIRST BANCSHARES (SFST) stock?
SOUTHERN FIRST BANCSHARES (SFST) has an RSI value of 52.2905. This indicates that the stock is currently neutral.
What are the support and resistance levels for SOUTHERN FIRST BANCSHARES (SFST) stock?
SOUTHERN FIRST BANCSHARES (SFST) has a support level at 56.26 and a resistance level at 59.82. Check the full technical report for our detailed analysis of SFST support and resistance levels.