STOCK YARDS BANCORP INC (SYBT) Stock Technical Analysis
NASDAQ:SYBT - US8610251048 - Common Stock
82.12 USD
-0.78 (-0.94%)
82.12 USD
0 (0%)
We assign a technical rating of 10 out of 10 to SYBT. Both in the recent history as in the last year, SYBT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SYBT is one of the better performing stocks in the market, outperforming 82% of all stocks.
SYBT is one of the better performing stocks in the Banks industry, it outperforms 84% of 393 stocks in the same industry.
A new 52 week high is currently being made by SYBT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SYBT has a been trading in the 72.28 - 83.83 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SYBT has an excellent technical rating, it does not present a decent entry opportunity 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
70.70
83.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 76.28 to 78.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.41 to 74.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 83.01 to 83.01. 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 SYBT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYBT is up. |
| ChartMill Relative Strength | 82.76 | POSITIVE | SYBT has a high relative strength, it outperformed 82.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYBT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYBT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYBT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.12 | NEUTRAL | The RSI value for SYBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests SYBT has a positive trend. |
| Stochastics (14,3) | 92.21 | OVERBOUGHT | The high Stochastics value suggests SYBT may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for SYBT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.33 | NEUTRAL | The ADX value for SYBT suggests a possible start of a new trend. |
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)
82.12
-0.78 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.94%
1 Week6.41%
2 Weeks6.41%
1 Month8.61%
3 Month11.64%
6 Month12.71%
12 Month35.51%
2 Year79.3%
3 Year23.94%
5 Year91.29%
10 Year249.55%
15 Year419.53%
Volatility
ATR(14)2.2
ATR(20)%2.61%
ATR Inc-1.78%
Range Today1.96
ADR(20)2.04
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.76
Mansfield0.42
10 Day High83.83
10 Day Low74.24
20 Day High83.83
20 Day Low72.29
52 Week High83.83
52 Week Low56.35
CS1 End78.34
CR1 Start83.01
Volume & EV
DER(3)-1.87%
DER(5)-1.82%
Volume150.42K
Volume Incr24.22%
Vol(5)121.30K
Vol(50)128.85K