Londinia Opportunities Analyses - 08/30/2024 (GMT) S&T BANCORP INC. - 1H

S&T BANCORP INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: STBA
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 42.86 USD
My targets
43.43 USD (+0.70%)
43.97 USD (+1.95%)
My analysis
S&T BANCORP INC. 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 42.86 USD. The next resistance located at 43.43 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 43.97 USD. After this resistance, buyers could then target 45.23 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The S&T BANCORP INC. rating is 43.13 USD. On the day, this instrument gained +0.91% with the lowest point at 42.79 USD and the highest point at 43.17 USD. The deviation from the price is +0.79% for the low point and -0.09% for the high point.

42.79
43.17
43.13

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of S&T BANCORP INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 40.29 41.79 42.86 43.13 43.43 43.97 45.23
Change (%) -6.58% -3.11% -0.63% - +0.70% +1.95% +4.87%
Change -2.84 -1.34 -0.27 - +0.30 +0.84 +2.10
Level Minor Intermediate Minor - Minor Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.9441.5042.1242.6843.3043.8644.48
Camarilla42.4242.5242.6342.7442.8542.9643.07
Woodie40.9741.5242.1542.7043.3343.8844.51
Fibonacci41.5041.9542.2342.6843.1343.4143.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37.3438.8041.0642.5244.7846.2448.50
Camarilla42.3042.6442.9843.3243.6644.0044.34
Woodie37.7439.0041.4642.7245.1846.4448.90
Fibonacci38.8040.2241.1042.5243.9444.8246.24


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.2127.1335.5740.4948.9353.8562.29
Camarilla40.3441.5642.7944.0145.2446.4647.68
Woodie23.9728.0137.3341.3750.6954.7364.05
Fibonacci27.1332.2335.3940.4945.5948.7553.85

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 58.21
MACD (12,26,9): 0.2200
Directional Movement: 17.34
AROON (14): 85.71
DEMA (21): 42.86
Parabolic SAR (0,02-0,02-0,2): 42.18
Elder Ray (13): 0.20
Super Trend (3,10): 41.80
Zig ZAG (10): 42.94
VORTEX (21): 1.1300
Stochastique (14,3,5): 77.82
TEMA (21): 42.82
Williams %R (14): -23.81
Chande Momentum Oscillator (20): 0.66
Repulse (5,40,3): -0.1200
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 2.60
MA7: 42.44
MA20: 40.85
MA50: 38.69
MA100: 34.74
MAexp7: 42.81
MAexp20: 42.61
MAexp50: 42.15
MAexp100: 41.57
Price / MA7: +1.63%
Price / MA20: +5.58%
Price / MA50: +11.48%
Price / MA100: +24.15%
Price / MAexp7: +0.75%
Price / MAexp20: +1.22%
Price / MAexp50: +2.33%
Price / MAexp100: +3.75%

Quotes : - 15 min delayed data - Actions NASDAQ