SOUTHSTATE CORP (SSB) Stock Technical Analysis
NYSE:SSB - New York Stock Exchange, Inc. - US8404411097 - Common Stock - Currency: USD
Taking everything into account, SSB scores 4 out of 10 in our technical rating. SSB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
SSB is part of the Banks industry. There are 396 other stocks in this industry, of which 67% are performing better than SSB.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, SSB outperforms 65% 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 trading in the upper part of its 52 week range, so SSB is lagging the market slightly.
In the last month SSB has a been trading in the 84.71 - 94.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SSB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 90.48, a Stop Loss order could be placed below this zone.
More info and screens
78.77
112.53
3 important support areas can be observed.
- A support zone ranging from 88.96 to 90.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @82.87 from a trend line in the weekly time frame.
- A support zone ranging from 79.57 to 81.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 90.76 to 91.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @99.41 from a trend line in the weekly time frame.
- Resistance @101.48 from a trend line in the daily time frame.
- Resistance @111.42 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.74
Mansfield-0.72
10 Day High94.26
10 Day Low86.79
20 Day High94.26
20 Day Low84.71
52 Week High114.27
52 Week Low70.68
Performance
1 Week-1.16%
2 Weeks2.77%
1 Month4.09%
3 Month-8.8%
6 Month-16.9%
12 Month17.35%
2 Year44.88%
3 Year12.08%
5 Year72.3%
10 Year26.1%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.37
RSI(14)53.95
LBB86.93
UBB92.95
90.58
-0.84 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.92%
1 Week-1.16%
2 Weeks2.77%
1 Month4.09%
3 Month-8.8%
6 Month-16.9%
12 Month17.35%
2 Year44.88%
3 Year12.08%
5 Year72.3%
10 Year26.1%
15 YearN/A
Volatility
ATR(14)2.23
ATR(20)%2.86%
ATR Inc-41.35%
Range Today0.8
ADR(20)2.29
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.74
Mansfield-0.72
10 Day High94.26
10 Day Low86.79
20 Day High94.26
20 Day Low84.71
52 Week High114.27
52 Week Low70.68
CS1 End90.48
CR1 Start90.76
Volume & EV
DER(3)-0.56%
DER(5)-0.85%
Volume542.00K
Volume Incr-10.13%
Vol(5)688.20K
Vol(50)808.94K