SOUTHERN FIRST BANCSHARES (SFST) Stock Technical Analysis
USA - NASDAQ:SFST - US8428731017 - Common Stock
46.62 USD
+2.25 (+5.07%)
46.62 USD
0 (0%)
Overall SFST gets a technical rating of 6 out of 10. In the last year, SFST was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: SFST has an average volume of 19202 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SFST is one of the better performing stocks in the Banks industry, it outperforms 78% of 390 stocks in the same industry.
A new 52 week high is currently being made by SFST, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SFST is leading the market.
In the last month SFST has a been trading in the 40.90 - 46.62 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that SFST is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SFST has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.50
47.09
When analyzing the support we can see 5 important areas.
- A support zone ranging from 43.26 to 44.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.30 to 42.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.14 to 41.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.25 from a horizontal line in the daily time frame.
- Support @33.84 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SFST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SFST is up. |
| ChartMill Relative Strength | 74.89 | POSITIVE | SFST has a high relative strength, it outperformed 74.89% 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) | 65.63 | NEUTRAL | The RSI value for SFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests SFST has a positive trend. |
| Stochastics (14,3) | 81.15 | OVERBOUGHT | The high Stochastics value suggests SFST may be overbought. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SFST suggests some volalility. |
| Average Directional Index/ADX (14) | 11.31 | NEGATIVE | The low ADX value for SFST suggests a weak or negative 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)
46.62
+2.25 (+5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg5.07%
1 Week6.34%
2 Weeks8.7%
1 Month12.34%
3 Month14.26%
6 Month29.93%
12 Month8.09%
2 Year58.68%
3 Year-5.82%
5 Year46.14%
10 Year111.53%
15 Year641.18%
Volatility
ATR(14)1.64
ATR(20)%3.38%
ATR Inc25.1%
Range Today2.62
ADR(20)1.49
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.89
3 months CRS82.89
6 months CRS82.12
Mansfield0.88
10 Day High46.62
10 Day Low40.91
20 Day High46.62
20 Day Low40.9
52 Week High46.62
52 Week Low29.14
CS1 End44.29
CR1 StartN/A
Volume & EV
DER(3)0.39%
DER(5)0.48%
Volume48.60K
Volume Incr58.01%
Vol(5)27.70K
Vol(50)19.20K
SOUTHERN FIRST BANCSHARES / SFST FAQ
What is the ChartMill technical rating of SOUTHERN FIRST BANCSHARES (SFST) stock?
ChartMill assigns a technical rating of 6 / 10 to SFST.
What is the current trend direction of SOUTHERN FIRST BANCSHARES (SFST) stock?
The current trend direction for SOUTHERN FIRST BANCSHARES (SFST) is Bearish.
What is the RSI signal for SFST stock?
SOUTHERN FIRST BANCSHARES (SFST) has an RSI value of 65.6253. This indicates that the stock is currently neutral.
What is the short term momentum for SOUTHERN FIRST BANCSHARES (SFST) stock?
The short term momentum for SOUTHERN FIRST BANCSHARES (SFST) is positive.