SOUTHERN FIRST BANCSHARES (SFST) Technical Analysis
NASDAQ:SFST • US8428731017
Current stock price
SFST Technical Rating and Analysis
Overall SFST gets a technical rating of 7 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.
- SFST is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Looking at the yearly performance, SFST did better than 87% of all other stocks. On top of that, SFST also shows a nice and consistent pattern of rising prices.
- SFST is one of the better performing stocks in the Banks industry, it outperforms 96% of 380 stocks in the same industry.
- SFST is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SFST is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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. There is a support zone below the current price at 53.80, a Stop Loss order could be placed below this zone.
More info and screens
SFST Support and Resistance Analysis
35.52
4 important support areas can be observed.
- A support zone ranging from 51.25 to 53.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.99 from a trend line in the weekly time frame.
- Support @48.95 from a trend line in the daily time frame.
- Support @35.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 60.73 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 | DOWN | NEGATIVE | The short term trend for SFST is down. |
| ChartMill Relative Strength | 87.79 | POSITIVE | SFST has a high relative strength, it outperformed 87.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SFST is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SFST is below 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) | 48.6 | NEUTRAL | The RSI value for SFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests SFST has a positive trend. |
| Stochastics (14,3) | 74.31 | NEUTRAL | The Stochastics value for SFST is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SFST suggests some volalility. |
| Average Directional Index/ADX (14) | 22.87 | NEUTRAL | The ADX value for SFST suggests a possible start of a new 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 |
|---|---|---|---|
| 54.65 | 51.24 | 3.41 (6.24%) | 16.03% |
| An entry @54.65. This is a Buy Stop order right above the 10 day high. | An exit @51.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.41 points, which is 6.24%. | For a 1.00% total portfolio risk, you can invest 16.03% 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
53.85
+0.55 (+1.03%)
SOUTHERN FIRST BANCSHARES / SFST TA FAQ
What is the ChartMill technical rating of SOUTHERN FIRST BANCSHARES (SFST) stock?
ChartMill assigns a technical rating of 7 / 10 to SFST.
What is the trend direction for SFST stock?
The current trend direction for SOUTHERN FIRST BANCSHARES (SFST) is Bullish.
What is the RSI signal for SFST stock?
SOUTHERN FIRST BANCSHARES (SFST) has an RSI value of 48.6049. This indicates that the stock is currently neutral.
What is the MACD signal for SFST stock?
The MACD indicator for SOUTHERN FIRST BANCSHARES (SFST) has a value of 0.201928, indicating a bearish trend.
Can you provide the short term momentum for SOUTHERN FIRST BANCSHARES?
The short term momentum for SOUTHERN FIRST BANCSHARES (SFST) is negative.