Overall SPFI gets a technical rating of 3 out of 10. In the last year, SPFI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, SPFI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.44, a Stop Loss order could be placed below this zone.
More info and screens
34.57
2 important support areas can be observed.
- A support zone ranging from 35.92 to 37.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.92 to 35.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 37.87 to 38.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.50 from a trend line in the daily time frame.
- A resistance zone ranging from 41.32 to 41.69. 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 SPFI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPFI is neutral. |
| ChartMill Relative Strength | 34.7 | NEUTRAL | SPFI is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of SPFI is below a declining 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) | 51.81 | NEUTRAL | The RSI value for SPFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SPFI has a positive trend. |
| Stochastics (14,3) | 67.06 | NEUTRAL | The Stochastics value for SPFI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for SPFI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.86 | NEGATIVE | The low ADX value for SPFI suggests a weak or negative trend. |
37.65
-0.3 (-0.79%)
SOUTH PLAINS FINANCIAL INC / SPFI FAQ
What is the technical rating for SPFI stock?
ChartMill assigns a technical rating of 3 / 10 to SPFI.
Can you provide the trend direction for SOUTH PLAINS FINANCIAL INC?
The current trend direction for SOUTH PLAINS FINANCIAL INC (SPFI) is Bullish.
What is the RSI signal for SOUTH PLAINS FINANCIAL INC (SPFI) stock?
SOUTH PLAINS FINANCIAL INC (SPFI) has an RSI value of 51.8108. 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 0.113752, indicating a bearish trend.
What is the short term momentum for SOUTH PLAINS FINANCIAL INC (SPFI) stock?
The short term momentum for SOUTH PLAINS FINANCIAL INC (SPFI) is neutral.