SOUTHSTATE BANK CORP (SSB) Technical Analysis
NYSE:SSB • US84472E1029
Current stock price
SSB Technical Rating and Analysis
Overall SSB gets a technical rating of 5 out of 10. In the last year, SSB was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- SSB is part of the Banks industry. There are 377 other stocks in this industry, of which 74% are performing better than SSB.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SSB has a been trading in the 87.48 - 99.57 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, SSB outperforms 51% of them, which is more or less in line with the market.
- SSB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SSB is lagging the market.
SSB Weekly and Daily overview Charts
SSB Setup Rating and Analysis
SSB has an average technical rating and it also does not offer a high quality setup 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
SSB Support and Resistance Analysis
84.46
We found 3 important support areas.
- Support @90.47 from a trend line in the weekly time frame.
- A support zone ranging from 87.55 to 87.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @85.31 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 106.61 to 107.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @110.93 from a horizontal line in the weekly time frame.
SSB 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 | NEUTRAL | NEUTRAL | The long term trend for SSB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSB is up. |
| ChartMill Relative Strength | 51.64 | NEUTRAL | SSB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SSB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SSB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SSB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.81 | NEUTRAL | The RSI value for SSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.12 | POSITIVE | The MACD value suggests SSB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.39 | OVERBOUGHT | The high Stochastics value suggests SSB may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SSB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.21 | NEUTRAL | The ADX value for SSB suggests a possible start of a new trend. |
SSB Chart- and CandleStick Pattern Analysis
SSB Technicals: Chart, Performance Metrics, Trend & Indicators
97.8
+0.14 (+0.14%)
SOUTHSTATE BANK CORP / SSB TA FAQ
What is the ChartMill technical rating of SOUTHSTATE BANK CORP (SSB) stock?
ChartMill assigns a technical rating of 5 / 10 to SSB.
What is the current trend direction of SOUTHSTATE BANK CORP (SSB) stock?
The current trend direction for SOUTHSTATE BANK CORP (SSB) is Bearish.
Can you provide the RSI signal for SOUTHSTATE BANK CORP?
SOUTHSTATE BANK CORP (SSB) has an RSI value of 59.8126. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SOUTHSTATE BANK CORP?
The short term momentum for SOUTHSTATE BANK CORP (SSB) is positive.
Can you provide the support and resistance levels for SOUTHSTATE BANK CORP?
SOUTHSTATE BANK CORP (SSB) has a support level at 90.47 and a resistance level at 106.61. Check the full technical report for our detailed analysis of SSB support and resistance levels.