Instrument Technical Analysis
ServisFirst Bancshares Inc (SFBS) technical analysis indicators shows that the closing price of the stock is $35.67. The relative strength index (RSI) is a momentum oscillator that measures the speed and change of price movements. Currently, SFBS stock RSI is 58.76. A reading above 70 indicates overbought conditions, while a reading below 30 suggests oversold conditions. The average directional index (ADX) of SFBS stock is 23.57, indicating a trending market. A value above 25 suggests a strong trend, while a value below 20 indicates a weak trend.
The moving average convergence divergence (MACD) for SFBS stock is 0.56. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. A positive MACD indicates upward momentum, while a negative MACD suggests downward momentum. The rate of change (ROC) for SFBS stock is 1.32%. ROC is a ratio used to measure the speed of price movements. A positive ROC indicates upward price momentum, while a negative ROC suggests downward momentum.
The stochastic relative strength index (STOCHRSI) for SFBS stock is 66.70. STOCHRSI is a combination of stochastic indicator and RSI. It measures the level of RSI relative to its high-low range over a set number of periods. A reading above 80 suggests an overbought condition, while a reading below 20 indicates an oversold condition. The Williams %R (WILLR) for SFBS stock is -33.30. WILLR is a momentum indicator that measures the overbought and oversold levels of a security. A reading above -20 indicates an overbought condition, while a reading below -80 suggests an oversold condition.
Based on the technical analysis indicators, the rating for ServisFirst Bancshares Inc (SFBS) stock is indicating a bullish trend. The stock shows positive momentum with RSI above 50 and ROC above 0. The ADX suggests a strengthening trend, while the MACD indicates upward momentum. The STOCHRSI and WILLR also support the bullish trend. Overall, the technical analysis indicators for SFBS stock are favorable.
Instrument Technical Analysis
ServisFirst Bancshares Inc (SFBS) technical analysis indicators provide insights into the price movements and trend of the stock. The closing price of SFBS stock is $35.67, indicating the current value of the stock. The relative strength index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI value for SFBS stock is 58.76, suggesting that the stock is neither overbought nor oversold.
The average directional index (ADX) of SFBS stock is 23.57, indicating a trending market. This suggests that SFBS stock price is moving in a particular direction, either up or down. The moving average convergence divergence (MACD) is a trend-following indicator that shows the relationship between two moving averages of a security's price. The MACD value for SFBS stock is 0.56, indicating upward momentum.
The rate of change (ROC) for SFBS stock is 1.32%, reflecting the speed of price movements. The positive ROC suggests upward price momentum for SFBS stock. The stochastic relative strength index (STOCHRSI) is a combination of stochastic indicator and RSI. The STOCHRSI value for SFBS stock is 66.70, suggesting that the stock is neither overbought nor oversold.
The Williams %R (WILLR) for SFBS stock is -33.30, indicating that the stock is not in the overbought or oversold territory. The technical analysis indicators for SFBS stock suggest a bullish trend. The RSI, ROC, and STOCHRSI support the positive momentum of the stock. Additionally, the ADX indicates a strengthening trend, while the MACD suggests upward momentum. Overall, the technical analysis indicators are favorable for ServisFirst Bancshares Inc (SFBS) stock.