Logo image of SLCT

Select Bancorp Inc (SLCT) Stock Technical Analysis

USA - Nasdaq - NASDAQ:SLCT -

18.88
-0.47 (-2.43%)
Last: 10/15/2021, 8:05:20 PM
18.7
-0.18 (-0.95%)
After Hours: 10/15/2021, 8:05:20 PM
Technical Rating and Analysis

10

Overall SLCT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SLCT has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SLCT is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by SLCT over the past year are nicely spread over this period.
SLCT is one of the better performing stocks in the Banks industry, it outperforms 98% of 387 stocks in the same industry.
SLCT 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 SLCT has a been trading in the 15.40 - 20.50 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.
Weekly and Daily overview Charts
Select Bancorp Inc / SLCT Weekly stock chart
Select Bancorp Inc / SLCT Daily stock chart
Setup Rating and Analysis

3

Although SLCT has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

15.56

19.07

3 important support areas can be observed.

  • A support zone ranging from 16.92 to 17.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.35 from a trend line in the daily time frame.
  • Support @15.72 from a trend line in the daily time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SLCT is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SLCT is up.
ChartMill Relative Strength94.28POSITIVESLCT has a high relative strength, it outperformed 94.28% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SLCT is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SLCT is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SLCT is above the rising SMA(200).
Relative Strength Index/RSI (14)59.62NEUTRALThe RSI value for SLCT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.13POSITIVEThe MACD value suggests SLCT has a positive trend, although the MACD value is declining.
Stochastics (14,3)70.21NEUTRALThe Stochastics value for SLCT is a neutral value.
Average True Range in percent/ATR (20)3.51MEDIUM VOLATILITYThe ATR as a percentage value for SLCT suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)
Select Bancorp Inc / SLCT Daily stock chart

Select Bancorp Inc

NASDAQ:SLCT (10/15/2021, 8:05:20 PM)

After market: 18.7 -0.18 (-0.95%)

18.88

-0.47 (-2.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.43%
1 Week-3.13%
2 Weeks7.27%
1 Month14.98%
3 Month21.65%
6 Month69.33%
12 Month150.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%3.51%
ATR Inc29.05%
Range Today1.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.28
3 months CRSN/A
6 months CRSN/A
Mansfield3.42
10 Day High20.5
10 Day Low17.33
20 Day High20.5
20 Day Low15.4
52 Week High20.5
52 Week Low7.14
CS1 End17.09
CR1 StartN/A
Volume & EV
DER(3)-1.89%
DER(5)-0.28%
Volume980.90K
Volume Incr561.91%
Vol(5)236.60K
Vol(50)55.11K

Select Bancorp Inc / SLCT FAQ

What is the technical rating for SLCT stock?

ChartMill assigns a technical rating of 10 / 10 to SLCT.


What is the current trend direction of Select Bancorp Inc (SLCT) stock?

The current trend direction for Select Bancorp Inc (SLCT) is Bullish.


Can you provide the RSI signal for Select Bancorp Inc?

Select Bancorp Inc (SLCT) has an RSI value of 59.6237. This indicates that the stock is currently neutral.


Can you provide the MACD signal for Select Bancorp Inc?

The MACD indicator for Select Bancorp Inc (SLCT) has a value of 0.128775, indicating a bearish trend.


Can you provide the support and resistance levels for Select Bancorp Inc?

Select Bancorp Inc (SLCT) has a support level at 17.09. Check the full technical report for our detailed analysis of SLCT support and resistance levels.