SOUTH PLAINS FINANCIAL INC (SPFI) Technical Analysis
NASDAQ:SPFI • US83946P1075
Current stock price
SPFI Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to SPFI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPFI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SPFI did better than 74% of all other stocks.
- SPFI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- SPFI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- SPFI is part of the Banks industry. There are 377 other stocks in this industry, SPFI did better than 61% of them.
SPFI Weekly and Daily overview Charts
SPFI Setup Rating and Analysis
Although SPFI 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.
More info and screens
SPFI Support and Resistance Analysis
36.14
4 important support areas can be observed.
- A support zone ranging from 41.28 to 42.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.43 to 40.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.46 from a trend line in the weekly time frame.
- Support @36.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.43 to 44.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPFI 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 SPFI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPFI is up. |
| ChartMill Relative Strength | 74.73 | POSITIVE | SPFI has a high relative strength, it outperformed 74.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPFI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPFI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPFI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.5 | NEUTRAL | The RSI value for SPFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SPFI has a positive trend. |
| Stochastics (14,3) | 74.85 | NEUTRAL | The Stochastics value for SPFI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for SPFI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.44 | POSITIVE | The high ADX value value for SPFI suggests a strong trend. |
SPFI Chart- and CandleStick Pattern Analysis
SPFI Technicals: Chart, Performance Metrics, Trend & Indicators
44.42
+1.12 (+2.59%)
SOUTH PLAINS FINANCIAL INC / SPFI TA FAQ
What is the technical rating for SPFI stock?
ChartMill assigns a technical rating of 9 / 10 to SPFI.
What is the trend direction for SPFI stock?
The current trend direction for SOUTH PLAINS FINANCIAL INC (SPFI) is Bullish.
Can you provide the RSI signal for SOUTH PLAINS FINANCIAL INC?
SOUTH PLAINS FINANCIAL INC (SPFI) has an RSI value of 64.4995. This indicates that the stock is currently neutral.
What is the MACD signal for SOUTH PLAINS FINANCIAL INC (SPFI) stock?
The MACD indicator for SOUTH PLAINS FINANCIAL INC (SPFI) has a value of 0.135484, indicating a bearish trend.
What is the buy/sell signal for SOUTH PLAINS FINANCIAL INC (SPFI) stock?
The buy/sell signal for SOUTH PLAINS FINANCIAL INC (SPFI) is buy as both the short term and long term trends are positive.