The twenty one day Wilder Moving Average has recently been seen below the fifty day Simple Moving Average on shares of State Bank Finl Corp (STBZ). Traders following these numbers may be watching for a possible shift in the short-term momentum.
Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. Currently, the 7-day moving average is sitting at 29.44.
The Average Directional Index or ADX is a popular technical indicator designed to help measure trend strength. Many traders will use the ADX in combination with other indicators in order to help formulate trading strategies. Presently, the 14-day ADX for State Bank Finl Corp (STBZ) is 17.84. In general, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The ADX alone was designed to measure trend strength. When combined with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), it can help decipher the trend direction as well.
Let’s view some technical levels on shares of State Bank Finl Corp (STBZ). Presently, the 14 day Williams %R is -66.34. Readings may range from 0 to -100. A Williams %R that lands between -80 to -100 is typically seen as being in strong oversold territory. A reading between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% has the ability to be used with other technicals to help define a specific trend.
When looking at technical levels, traders should not overlook the RSI reading as it often can dictate if momentum has pushed past a key metric. 42.81, the 7-day stands at 42.13, and the 3-day is sitting at 53.60. The Relative Strength Index (RSI) oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70.
Looking further at additional technical indicators we can see that the 14-day Commodity Channel Index (CCI) for State Bank Finl Corp (STBZ) is sitting at -82.73. CCI is an indicator used in technical analysis that was designed by Donald Lambert. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold).
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