The Hourly View for SBCF
Currently, SBCF (Get Ratings)’s price is down $-0.53 (-1.77%) from the hour prior. The hourly chart shows that SBCF has seen 2 straight down hours. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Out of Banking stocks, SBCF ranks 170th in regards to today’s price percentage change.
SBCF’s Technical Outlook on the Daily Chart
At the moment, SBCF’s price is down $-0.9 (-2.96%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as SBCF has now gone down 4 of the past 5 days. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows SBCF’s price action over the past 90 days.
SBCF: Daily RSI Analysis
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