SOUTHSIDE BANCSHARES INC (SBSI) Stock Technical Analysis
NYSE:SBSI - New York Stock Exchange, Inc. - US84470P1093 - Common Stock - Currency: USD
Taking everything into account, SBSI scores 0 out of 10 in our technical rating. SBSI 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SBSI is a bad performer in the overall market: 61% of all stocks are doing better.
SBSI is one of the lesser performing stocks in the Banks industry. 81% of 398 stocks in the same industry do better.
SBSI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SBSI has a been trading in the 25.85 - 29.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SBSI 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 resistance zone just above the current price starting at 27.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.65, a Stop Loss order could be placed below this zone.
More info and screens
25.27
35.34
We found 1 important support area.
- A support zone ranging from 25.53 to 25.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.60 to 28.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.29 to 29.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.99 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.75
Mansfield-0.43
10 Day High28.41
10 Day Low25.85
20 Day High29.85
20 Day Low25.85
52 Week High38
52 Week Low25.3
Performance
1 Week4.15%
2 Weeks1.14%
1 Month-5.42%
3 Month-14%
6 Month-19.63%
12 Month-2.09%
2 Year-13.05%
3 Year-29.6%
5 Year-9.27%
10 Year0.99%
15 Year34.24%
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)43.56
LBB25.71
UBB29.21
27.59
+0.2 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.73%
1 Week4.15%
2 Weeks1.14%
1 Month-5.42%
3 Month-14%
6 Month-19.63%
12 Month-2.09%
2 Year-13.05%
3 Year-29.6%
5 Year-9.27%
10 Year0.99%
15 Year34.24%
Volatility
ATR(14)1.08
ATR(20)%3.31%
ATR Inc-58.18%
Range Today0.49
ADR(20)0.82
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.75
Mansfield-0.43
10 Day High28.41
10 Day Low25.85
20 Day High29.85
20 Day Low25.85
52 Week High38
52 Week Low25.3
CS1 End25.65
CR1 Start27.6
Volume & EV
DER(3)-0.44%
DER(5)-0.24%
Volume123.30K
Volume Incr-15.1%
Vol(5)134.92K
Vol(50)125.62K