SOUTHERN STATES BANCSHARES (SSBK)
US8438783073 - Common Stock
Overall SSBK gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: SSBK has an average volume of 18180 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that SSBK is one of the better performing stocks in the market, outperforming 83% of all stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
SSBK is an average performer in the Banks industry, it outperforms 53% of 402 stocks in the same industry.
SSBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SSBK is lagging the market.
In the last month SSBK has a been trading in the 27.70 - 32.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SSBK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 28.38, a Stop Loss order could be placed below this zone.
More info and screens
24.75
33.85
We found 3 important support areas.
- A support zone ranging from 28.16 to 28.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.56 to 25.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.00 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.14 to 31.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 33.00 to 33.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.77
Mansfield0.1
10 Day High31.61
10 Day Low29.37
20 Day High32.5
20 Day Low27.7
52 Week High34.72
52 Week Low21.7
Performance
1 Week-1.15%
2 Weeks-6.08%
1 Month0.3%
3 Month16.97%
6 Month20.4%
12 Month27.96%
2 Year10.02%
3 Year57.21%
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.19
RSI(14)47.04
LBB29.49
UBB32.23
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 |
|---|---|---|---|
| 31.12 | 29.36 | 1.76 (5.66%) | 17.68% |
| An entry @31.12. This is a Buy Stop order right above the resistance zone. | An exit @29.36. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.76 points, which is 5.66%. | When investing 17.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
SOUTHERN STATES BANCSHARES
NASDAQ:SSBK (9/16/2024, 3:05:37 PM)
29.77
-0.21 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.7%
1 Week-1.15%
2 Weeks-6.08%
1 Month0.3%
3 Month16.97%
6 Month20.4%
12 Month27.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.11
ATR(20)%3.67%
ATR Inc
Range Today1.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High31.61
10 Day Low29.37
20 Day High32.5
20 Day Low27.7
52 Week High34.72
52 Week Low21.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.92K
Volume Incr67.77%
Vol(5)18.22K
Vol(50)18.18K