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 4 out of 10. In the past year, SYBT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- SYBT is part of the Banks industry. There are 380 other stocks in this industry, of which 75% 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 - 67.58 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the performance of all stocks over the past year, SYBT turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- Volume is considerably higher in the last couple of days.
SYBT Weekly and Daily overview Charts
SYBT Setup Rating and Analysis
SYBT has only a medium 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 resistance zone just above the current price starting at 67.27. Right above this resistance zone may be a good entry point.
More info and screens
SYBT Support and Resistance Analysis
61.47
When analyzing the support we notice one important area.
- A support zone ranging from 62.09 to 63.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 67.27 to 67.75. 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 | UP | POSITIVE | The short term trend for SYBT is up. |
| ChartMill Relative Strength | 48.48 | NEUTRAL | SYBT is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of SYBT is above 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) | 59.5 | NEUTRAL | The RSI value for SYBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests SYBT has a positive trend. |
| Stochastics (14,3) | 91.45 | OVERBOUGHT | The high Stochastics value suggests SYBT may be overbought. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for SYBT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.44 | 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
67.2
+0.67 (+1.01%)
STOCK YARDS BANCORP INC / SYBT TA FAQ
What is the technical rating for SYBT stock?
ChartMill assigns a technical rating of 4 / 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.
What is the RSI signal for STOCK YARDS BANCORP INC (SYBT) stock?
STOCK YARDS BANCORP INC (SYBT) has an RSI value of 59.4962. This indicates that the stock is currently neutral.
What is the MACD signal for SYBT stock?
The MACD indicator for STOCK YARDS BANCORP INC (SYBT) has a value of 0.548126, indicating a bearish trend.
What is the buy/sell signal for STOCK YARDS BANCORP INC (SYBT) stock?
The buy/sell signal for STOCK YARDS BANCORP INC (SYBT) is hold as the short term and long term trends are mixed.