Severn Bancorp Inc (SVBI) Stock Technical Analysis
NASDAQ:SVBI - Nasdaq -
Overall SVBI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SVBI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: SVBI has an average volume of 6997 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SVBI did better than 89% of all other stocks. On top of that, SVBI also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by SVBI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SVBI is leading the market.
In the last month SVBI has a been trading in the 12.46 - 13.63 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SVBI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.59
13.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.53 to 12.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.15 to 12.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 11.71 to 11.88. 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 SVBI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SVBI is up. |
| ChartMill Relative Strength | 89.92 | POSITIVE | SVBI has a high relative strength, it outperformed 89.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SVBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SVBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SVBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.01 | OVERBOUGHT | The high RSI value suggests SVBI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SVBI has a positive trend. |
| Stochastics (14,3) | 58.48 | NEUTRAL | The Stochastics value for SVBI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for SVBI suggests low volalility. |
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)
NASDAQ:SVBI (10/29/2021, 4:30:01 PM)
13.63
+0.73 (+5.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryThrifts & Mortgage Finance
Performance
% Chg5.66%
1 Week6.9%
2 Weeks5.66%
1 Month9.21%
3 Month11.36%
6 Month15.12%
12 Month119.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.64%
ATR Inc121.83%
Range Today0.77
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.92
Mansfield1.53
10 Day High13.63
10 Day Low12.69
20 Day High13.63
20 Day Low12.46
52 Week High13.63
52 Week Low6.06
CS1 End12.85
CR1 StartN/A
Volume & EV
DER(3)-11.54%
DER(5)-6.89%
Volume64.20K
Volume Incr129.02%
Vol(5)15.70K
Vol(50)7.00K