SOUTHERN FIRST BANCSHARES (SFST) Stock Technical Analysis
USA - NASDAQ:SFST - US8428731017 - Common Stock
45.18 USD
-0.36 (-0.79%)
45.18 USD
0 (0%)
Overall SFST gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SFST has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: SFST has an average volume of 25100 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.
When comparing the yearly performance of all stocks, we notice that SFST is one of the better performing stocks in the market, outperforming 84% of all stocks.
SFST is part of the Banks industry. There are 392 other stocks in this industry. SFST outperforms 91% of them.
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 the 42.96 - 46.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Besides having an excellent technical rating, SFST also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 45.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.84, a Stop Loss order could be placed below this zone. 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
32.79
46.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 44.69 to 44.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.82 from a horizontal line in the daily time frame.
- A support zone ranging from 41.66 to 42.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.12 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.19 to 45.55. This zone is formed by a combination of multiple trend lines 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 | 84.71 | POSITIVE | SFST has a high relative strength, it outperformed 84.71% 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) | 57.48 | NEUTRAL | The RSI value for SFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SFST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.51 | NEUTRAL | The Stochastics value for SFST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for SFST suggests some volalility. |
| Average Directional Index/ADX (14) | 20.8 | 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 | 44.68 | 0.88 (1.93%) | 25.00% |
| An entry @45.56. This is a Buy Stop order right above the resistance zone. | An exit @44.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.88 points, which is 1.93%. | For a 0.48% 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.
45.18
-0.36 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.79%
1 Week0.98%
2 Weeks0.87%
1 Month6.63%
3 Month26.98%
6 Month35.96%
12 Month35.15%
2 Year67.71%
3 Year8.45%
5 Year87.08%
10 Year120.5%
15 Year582.48%
Volatility
ATR(14)1.01
ATR(20)%2.28%
ATR Inc-8.28%
Range Today0.58
ADR(20)0.96
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.71
Mansfield0.7
10 Day High45.84
10 Day Low43.79
20 Day High46
20 Day Low42.96
52 Week High46
52 Week Low29.14
CS1 End44.84
CR1 Start45.19
Volume & EV
DER(3)-2.83%
DER(5)-2.97%
Volume37.50K
Volume Incr39.84%
Vol(5)27.22K
Vol(50)25.10K