SOUTHSTATE CORP.
-
USD
(-)
- 15 min delayed data - NYSE Stocks
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Stocks |
| Ticker: | SSB |
| ISIN: |
SOUTHSTATE CORP. - Daily - Technical analysis published on 08/01/2019 (GMT)
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- 08/01/2019 - 13:20
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- Timeframe : Daily
- - Analysis generated on 08/01/2019 - 13:20
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 76.27 USD
My targets
80.88 USD (+1.01%)
84.13 USD (+5.07%)
My analysis
SOUTH STATE CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 76.27 USD. The next resistance located at 80.88 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 84.13 USD. After this resistance, buyers could then target 88.85 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SOUTH STATE CORP. price is 80.07 USD. The price registered an increase of +1.57% on the session with the lowest point at 79.00 USD and the highest point at 80.95 USD. The deviation from the price is +1.35% for the low point and -1.09% for the high point.79.00
80.95
80.07
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SOUTH STATE CORP.:
Technical
Technical analysis of this Daily chart of SOUTH STATE CORP. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
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 | 65.89 | 71.23 | 76.27 | 80.07 | 80.88 | 84.13 | 88.85 |
| Change (%) | -17.71% | -11.04% | -4.75% | - | +1.01% | +5.07% | +10.97% |
| Change | -14.18 | -8.84 | -3.80 | - | +0.81 | +4.06 | +8.78 |
| Level | Minor | Intermediate | Major | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.83 | 75.66 | 77.25 | 78.08 | 79.67 | 80.50 | 82.09 |
| Camarilla | 78.17 | 78.39 | 78.61 | 78.83 | 79.05 | 79.27 | 79.50 |
| Woodie | 75.20 | 75.85 | 77.62 | 78.27 | 80.04 | 80.69 | 82.46 |
| Fibonacci | 75.66 | 76.59 | 77.16 | 78.08 | 79.01 | 79.58 | 80.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.20 | 73.54 | 75.70 | 77.04 | 79.20 | 80.54 | 82.70 |
| Camarilla | 76.89 | 77.21 | 77.53 | 77.85 | 78.17 | 78.49 | 78.81 |
| Woodie | 72.60 | 73.75 | 76.10 | 77.25 | 79.60 | 80.75 | 83.10 |
| Fibonacci | 73.54 | 74.88 | 75.71 | 77.04 | 78.38 | 79.21 | 80.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.08 | 61.67 | 67.67 | 71.26 | 77.26 | 80.85 | 86.85 |
| Camarilla | 71.03 | 71.91 | 72.79 | 73.67 | 74.55 | 75.43 | 76.31 |
| Woodie | 59.29 | 62.27 | 68.88 | 71.86 | 78.47 | 81.45 | 88.06 |
| Fibonacci | 61.67 | 65.33 | 67.60 | 71.26 | 74.92 | 77.19 | 80.85 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 69.24 | |
| MACD (12,26,9): | 1.5100 | |
| Directional Movement: | 19.08 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 78.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 75.33 | |
| Elder Ray (13): | 2.92 | |
| Super Trend (3,10): | 74.79 | |
| Zig ZAG (10): | 80.07 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 84.59 | |
| TEMA (21): | 78.81 | |
| Williams %R (14): | -13.23 | |
| Chande Momentum Oscillator (20): | 5.23 | |
| Repulse (5,40,3): | 3.7200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2500 | |
| Courbe Coppock: | 7.81 |
| MA7: | 77.84 | |
| MA20: | 76.09 | |
| MA50: | 72.91 | |
| MA100: | 72.27 | |
| MAexp7: | 78.00 | |
| MAexp20: | 76.24 | |
| MAexp50: | 74.22 | |
| MAexp100: | 72.81 | |
| Price / MA7: | +2.86% | |
| Price / MA20: | +5.23% | |
| Price / MA50: | +9.82% | |
| Price / MA100: | +10.79% | |
| Price / MAexp7: | +2.65% | |
| Price / MAexp20: | +5.02% | |
| Price / MAexp50: | +7.88% | |
| Price / MAexp100: | +9.97% |
News
The last news published on SOUTH STATE CORP. at the time of the generation of this analysis was as follows:
- 02/13/2019 - 15:00 South State Bank Named to Forbes’ 100 Best Banks in America & Women’s Choice Award® Best Companies for Women Lists
- 02/06/2019 - 20:00 South State Bank Earns 12 Greenwich Excellence and Best Brand Awards
- 07/19/2018 - 19:00 Greg Lapointe Named President of South State Bank
- 07/11/2018 - 14:00 South State Earns Top Honors in S.C.
- 06/26/2018 - 13:00 South State Adds Private Banking Team in Richmond
This member declared not having a position on this financial instrument or a related financial instrument.
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