Londinia Opportunities Analyses - 06/24/2022 (GMT) STOCK YARDS BANCORP INC. - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 59.17 USD
My targets
62.78 USD (+4.18%)
63.73 USD (+5.76%)
My analysis
The basic bullish trend is very strong on STOCK YARDS BANCORP INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 59.17 USD. Crossing the first resistance at 62.78 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 63.73 USD as an objective. Crossing it would then enable buyers to target 66.26 USD. Caution, a return to below 59.17 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
STOCK YARDS BANCORP INC. rating 60.26 USD. The price has increased by +2.89% since the last closing and was traded between 58.77 USD and 60.42 USD over the period. The price is currently at +2.54% from its lowest and -0.26% from its highest.58.77
60.42
60.26
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by STOCK YARDS BANCORP INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on STOCK YARDS BANCORP INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of STOCK YARDS BANCORP INC. in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 56.23 | 58.11 | 59.17 | 60.26 | 60.29 | 63.73 | 66.26 |
Change (%) | -6.69% | -3.57% | -1.81% | - | +0.05% | +5.76% | +9.96% |
Change | -4.03 | -2.15 | -1.09 | - | +0.03 | +3.47 | +6.00 |
Level | Intermediate | Intermediate | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 54.70 | 56.41 | 57.49 | 59.20 | 60.28 | 61.99 | 63.07 |
Camarilla | 57.80 | 58.06 | 58.31 | 58.57 | 58.83 | 59.08 | 59.34 |
Woodie | 54.39 | 56.25 | 57.18 | 59.04 | 59.97 | 61.83 | 62.76 |
Fibonacci | 56.41 | 57.48 | 58.13 | 59.20 | 60.27 | 60.92 | 61.99 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 52.07 | 53.68 | 56.62 | 58.23 | 61.17 | 62.78 | 65.72 |
Camarilla | 58.32 | 58.74 | 59.15 | 59.57 | 59.99 | 60.40 | 60.82 |
Woodie | 52.75 | 54.01 | 57.30 | 58.56 | 61.85 | 63.11 | 66.40 |
Fibonacci | 53.68 | 55.42 | 56.49 | 58.23 | 59.97 | 61.04 | 62.78 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 46.54 | 49.10 | 53.90 | 56.46 | 61.26 | 63.82 | 68.62 |
Camarilla | 56.69 | 57.36 | 58.04 | 58.71 | 59.39 | 60.06 | 60.73 |
Woodie | 47.67 | 49.66 | 55.03 | 57.02 | 62.39 | 64.38 | 69.75 |
Fibonacci | 49.10 | 51.91 | 53.65 | 56.46 | 59.27 | 61.01 | 63.82 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 58.44 | |
MACD (12,26,9): | 0.1500 | |
Directional Movement: | 4.22 | |
AROON (14): | -42.86 | |
DEMA (21): | 59.87 | |
Parabolic SAR (0,02-0,02-0,2): | 58.51 | |
Elder Ray (13): | 0.46 | |
Super Trend (3,10): | 60.27 | |
Zig ZAG (10): | 60.17 | |
VORTEX (21): | 0.9500 | |
Stochastique (14,3,5): | 68.98 | |
TEMA (21): | 59.70 | |
Williams %R (14): | -26.52 | |
Chande Momentum Oscillator (20): | 0.30 | |
Repulse (5,40,3): | 0.3800 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0300 | |
Courbe Coppock: | 2.36 |
MA7: | 59.22 | |
MA20: | 58.64 | |
MA50: | 55.79 | |
MA100: | 54.81 | |
MAexp7: | 59.85 | |
MAexp20: | 59.64 | |
MAexp50: | 59.17 | |
MAexp100: | 58.56 | |
Price / MA7: | +1.76% | |
Price / MA20: | +2.76% | |
Price / MA50: | +8.01% | |
Price / MA100: | +9.94% | |
Price / MAexp7: | +0.69% | |
Price / MAexp20: | +1.04% | |
Price / MAexp50: | +1.84% | |
Price / MAexp100: | +2.90% |
Quotes :
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15 min delayed data
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Actions NASDAQ
News
Don't forget to follow the news on STOCK YARDS BANCORP INC.. At the time of publication of this analysis, the latest news was as follows:
- Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.28 per Common Share
- Stock Yards Bancorp To Participate in a Series of Investor Meetings
- Stock Yards Bancorp Reports First Quarter Earnings
- Stock Yards Bancorp Completes Acquisition of Commonwealth Bancshares
- Stock Yards Bancorp Receives Final Regulatory Approval for Acquisition of Commonwealth Bancshares