S & T BANCORP INC (STBA) Technical Analysis
NASDAQ:STBA • US7838591011
Current stock price
STBA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to STBA. Although STBA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- STBA 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 STBA has a been trading in the 40.34 - 44.87 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, STBA outperforms 67% of them, which is more or less in line with the market.
- STBA is an average performer in the Banks industry, it outperforms 48% of 376 stocks in the same industry.
STBA Weekly and Daily overview Charts
STBA Setup Rating and Analysis
Besides having an excellent technical rating, STBA also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 44.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.28, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
STBA Support and Resistance Analysis
35.64
5 important support areas can be observed.
- A support zone ranging from 43.86 to 44.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 42.37 to 42.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.63 to 41.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.24 to 39.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 36.00 to 36.44. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 44.69 to 44.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.61 from a horizontal line in the weekly time frame.
STBA 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 STBA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STBA is up. |
| ChartMill Relative Strength | 67.36 | NEUTRAL | STBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STBA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STBA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STBA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.85 | NEUTRAL | The RSI value for STBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests STBA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.65 | NEUTRAL | The Stochastics value for STBA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for STBA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for STBA suggests a possible start of a new trend. |
STBA Chart- and CandleStick Pattern Analysis
STBA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.70 | 43.85 | 0.85 (1.90%) | 25.00% |
| An entry @44.70. This is a Buy Stop order right above the resistance zone. | An exit @43.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.85 points, which is 1.90%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of STBA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STBA Technicals: Chart, Performance Metrics, Trend & Indicators
44.36
+0.21 (+0.48%)
S & T BANCORP INC / STBA TA FAQ
Can you provide the ChartMill technical rating for S & T BANCORP INC?
ChartMill assigns a technical rating of 8 / 10 to STBA.
What is the current trend direction of S & T BANCORP INC (STBA) stock?
The current trend direction for S & T BANCORP INC (STBA) is Bullish.
What is the RSI signal for STBA stock?
S & T BANCORP INC (STBA) has an RSI value of 65.8468. This indicates that the stock is currently neutral.
What is the short term momentum for STBA stock?
The short term momentum for S & T BANCORP INC (STBA) is positive.
Can you provide the support and resistance levels for S & T BANCORP INC?
S & T BANCORP INC (STBA) has a support level at 44.28 and a resistance level at 44.69. Check the full technical report for our detailed analysis of STBA support and resistance levels.