STOCK YARDS BANCORP INC (SYBT) Stock Technical Analysis
NASDAQ:SYBT • US8610251048
We assign a technical rating of 1 out of 10 to SYBT. SYBT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 74% of all other stocks performed better in the past year than SYBT.
- SYBT is part of the Banks industry. There are 379 other stocks in this industry, of which 88% are performing better than SYBT.
- In the last month SYBT has a been trading in the 65.64 - 71.84 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- SYBT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SYBT is lagging the market.
The technical rating of SYBT is bad and it also does not present a 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
62.13
2 important support areas can be observed.
- A support zone ranging from 64.72 to 64.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 62.76 to 63.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.10 to 71.28. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for SYBT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYBT is neutral. |
| ChartMill Relative Strength | 26.94 | NEGATIVE | SYBT has a low relative strength, it was outperformed by 73.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SYBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SYBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SYBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.17 | NEUTRAL | The RSI value for SYBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests SYBT has a negative trend. |
| Stochastics (14,3) | 31.33 | NEUTRAL | The Stochastics value for SYBT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for SYBT suggests some volalility. |
| Average Directional Index/ADX (14) | 10.38 | NEGATIVE | The low ADX value for SYBT suggests a weak or negative trend. |
65.99
-3.34 (-4.82%)
STOCK YARDS BANCORP INC / SYBT FAQ
What is the technical rating for SYBT stock?
ChartMill assigns a technical rating of 1 / 10 to SYBT.
What is the current trend direction of STOCK YARDS BANCORP INC (SYBT) stock?
The current trend direction for STOCK YARDS BANCORP INC (SYBT) is Bearish.
Can you provide the RSI signal for STOCK YARDS BANCORP INC?
STOCK YARDS BANCORP INC (SYBT) has an RSI value of 40.1661. This indicates that the stock is currently neutral.
What is the short term momentum for STOCK YARDS BANCORP INC (SYBT) stock?
The short term momentum for STOCK YARDS BANCORP INC (SYBT) is neutral.
What is the support and resistance level for SYBT stock?
STOCK YARDS BANCORP INC (SYBT) has a support level at 64.72 and a resistance level at 68.1. Check the full technical report for our detailed analysis of SYBT support and resistance levels.