SOUTHERN FIRST BANCSHARES (SFST) Stock Technical Analysis
USA - NASDAQ:SFST - US8428731017 - Common Stock
44.68 USD
-0.5 (-1.11%)
44.68 USD
0 (0%)
Overall SFST gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SFST is showing a nice and steady performance.
Warning: SFST has an average volume of 25317 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.
Looking at the yearly performance, SFST did better than 83% of all other stocks.
SFST is one of the better performing stocks in the Banks industry, it outperforms 88% of 392 stocks in the same industry.
SFST is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SFST has a been trading in a tight range between 43.78 and 46.00.
Besides having an excellent technical rating, SFST also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
32.89
46.01
When analyzing the support we can see 4 important areas.
- Support @44.67 from a horizontal line in the weekly time frame.
- Support @43.82 from a horizontal line in the daily time frame.
- A support zone ranging from 41.76 to 42.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.22 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.71 to 45.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 83.52 | POSITIVE | SFST has a high relative strength, it outperformed 83.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SFST is below a declining 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) | 54 | NEUTRAL | The RSI value for SFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SFST has a negative trend. |
| Stochastics (14,3) | 60.87 | NEUTRAL | The Stochastics value for SFST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for SFST suggests some volalility. |
| Average Directional Index/ADX (14) | 20.49 | NEUTRAL | The ADX value for SFST suggests a possible start of a new 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 |
|---|---|---|---|
| 45.56 | 44.66 | 0.90 (1.98%) | 25.00% |
| An entry @45.56. This is a Buy Stop order right above the resistance zone. | An exit @44.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.90 points, which is 1.98%. | For a 0.49% 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.
44.68
-0.5 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.11%
1 Week0.45%
2 Weeks-0.89%
1 Month-0.58%
3 Month17.49%
6 Month34.13%
12 Month33.81%
2 Year65.85%
3 Year7.25%
5 Year85.01%
10 Year118.06%
15 Year574.92%
Volatility
ATR(14)1.02
ATR(20)%2.12%
ATR Inc-22.36%
Range Today0.99
ADR(20)0.91
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.52
Mansfield0.51
10 Day High45.84
10 Day Low43.79
20 Day High46
20 Day Low43.79
52 Week High46
52 Week Low29.14
CS1 End44.67
CR1 Start44.71
Volume & EV
DER(3)-0.88%
DER(5)-2.34%
Volume22.90K
Volume Incr47.2%
Vol(5)28.44K
Vol(50)25.32K