Overall SYBT gets a technical rating of 1 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.
Although the technical rating is bad, SYBT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
62.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 65.95 to 66.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.72 from a horizontal line 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 67.61 to 70.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @77.54 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for SYBT is down. |
| ChartMill Relative Strength | 26.72 | NEGATIVE | SYBT has a low relative strength, it was outperformed by 73.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SYBT is below 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) | 47.8 | NEUTRAL | The RSI value for SYBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SYBT has a negative trend. |
| Stochastics (14,3) | 23.23 | NEUTRAL | The Stochastics value for SYBT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SYBT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.78 | NEGATIVE | The low ADX value for SYBT suggests a weak or negative trend. |
67.155
+0.2 (+0.31%)
STOCK YARDS BANCORP INC / SYBT FAQ
What is the technical rating for SYBT stock?
ChartMill assigns a technical rating of 1 / 10 to SYBT.
Can you provide the trend direction for STOCK YARDS BANCORP INC?
The current trend direction for STOCK YARDS BANCORP INC (SYBT) is Bearish.
What is the RSI signal for SYBT stock?
STOCK YARDS BANCORP INC (SYBT) has an RSI value of 47.7993. This indicates that the stock is currently neutral.
Can you provide the MACD signal for STOCK YARDS BANCORP INC?
The MACD indicator for STOCK YARDS BANCORP INC (SYBT) has a value of -0.111319, indicating a bearish trend.
What is the short term momentum for SYBT stock?
The short term momentum for STOCK YARDS BANCORP INC (SYBT) is negative.