STOCK YARDS BANCORP INC (SYBT) Technical Analysis
NASDAQ:SYBT • US8610251048
Current stock price
SYBT Technical Rating and Analysis
Overall SYBT gets a technical rating of 0 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, SYBT is a bad performer in the overall market: 71% of all stocks are doing better.
- SYBT is part of the Banks industry. There are 380 other stocks in this industry, of which 85% are performing better than SYBT.
- SYBT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SYBT is lagging the market.
- In the last month SYBT has a been trading in the 61.51 - 68.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
SYBT Weekly and Daily overview Charts
SYBT Setup Rating and Analysis
SYBT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 64.27, a Stop Loss order could be placed below this zone.
More info and screens
SYBT Support and Resistance Analysis
61.46
We found 1 important support area.
- A support zone ranging from 62.08 to 64.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 68.09 to 68.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 70.41 to 71.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
SYBT 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 | DOWN | NEGATIVE | The long term trend for SYBT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SYBT is neutral. |
| ChartMill Relative Strength | 29.84 | NEGATIVE | SYBT has a low relative strength, it was outperformed by 70.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SYBT is above 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) | 47.84 | NEUTRAL | The RSI value for SYBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SYBT has a positive trend. |
| Stochastics (14,3) | 39.22 | NEUTRAL | The Stochastics value for SYBT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for SYBT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.06 | NEGATIVE | The low ADX value for SYBT suggests a weak or negative trend. |
SYBT Chart- and CandleStick Pattern Analysis
SYBT Technicals: Chart, Performance Metrics, Trend & Indicators
64.46
+1.67 (+2.66%)
STOCK YARDS BANCORP INC / SYBT TA FAQ
What is the technical rating for SYBT stock?
ChartMill assigns a technical rating of 0 / 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 47.8399. 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 64.27 and a resistance level at 68.09. Check the full technical report for our detailed analysis of SYBT support and resistance levels.