Sterling Bancorp Inc (SBT) Stock Technical Analysis
NASDAQ:SBT - Nasdaq - US85917W1027 - Common Stock - Currency: USD
Taking everything into account, SBT scores 6 out of 10 in our technical rating. SBT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, SBT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 4.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.77, a Stop Loss order could be placed below this zone.
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4.46
We found 2 important support areas.
- A support zone ranging from 4.61 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.50 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.86 to 4.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.73 from a trend line in the weekly time frame.
- Resistance @5.92 from a horizontal line in the weekly time frame.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.92 | 4.79 | 0.13 (2.64%) | 25.00% |
| An entry @4.92. This is a Buy Stop order right above the resistance zone. | An exit @4.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 2.64%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.84
-0.04 (-0.82%)