RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SYBT
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Stock Yards Bancorp stock price ended at $57.51 on Monday, after gaining 3.45%.
(Updated on Jul 22, 2024)

Buy or Hold candidate since Jun 14, 2024 Gain 21.18% PDF

The Stock Yards Bancorp stock price gained 3.45% on the last trading day (Monday, 22nd Jul 2024), rising from $55.59 to $57.51. During the last trading day the stock fluctuated 5.44% from a day low at $54.75 to a day high of $57.73. The price has risen in 7 of the last 10 days and is up by 18.38% over the past 2 weeks. Volume fell on the last day by -24 thousand shares and in total, 101 thousand shares were bought and sold for approximately $5.83 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $58.50 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 13.87% during the next 3 months and, with a 90% probability hold a price between $55.84 and $66.61 at the end of this 3-month period.

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SYBT Signals & Forecast

The Stock Yards Bancorp stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $55.82 and $49.51. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -1.10%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Stock Yards Bancorp stock

Stock Yards Bancorp finds support from accumulated volume at $57.24 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.98 between high and low, or 5.44%. For the last week, the stock has had daily average volatility of 4.31%.

Our recommended stop-loss: $55.55 (-3.41%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 36 days ago.)

Trading Expectations (SYBT) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Stock Yards Bancorp to open at $56.66, and during the day (based on 14 day Average True Range), to move between $55.70 and $59.32, which gives a possible trading interval of +/-$1.81 (+/-3.14%) up or down from last closing price. If Stock Yards Bancorp takes out the full calculated possible swing range there will be an estimated 6.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $57.24 (0.47%) than the resistance at $58.15 (1.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Stock Yards Bancorp stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Stock Yards Bancorp stock to perform well in the short-term.

Current score: 2.823 Buy Candidate Unchanged

Predicted Opening Price for Stock Yards Bancorp of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$56.66 ( 1.47%) $57.51

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for SYBT

Fibonacci Support & Resistance Levels

Level Price
R3 59.64 3.71%
R2 58.50 1.73%
R1 57.80 0.507%
Price 57.51
S1 55.52 -3.45%
S2 54.82 -4.67%
S3 53.68 -6.65%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 58.15 1.11%
Price 57.51
S1 57.24 -0.469%
S2 49.67 -13.63%
S3 47.20 -17.93%

SYBT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 17, 2024 Jun 17, 2024 Jul 01, 2024 $0.300 0.609%
2 Feb 20, 2024 Mar 15, 2024 Apr 01, 2024 $0.300 0.629%
3 Nov 21, 2023 Dec 15, 2023 Dec 29, 2023 $0.300 0.583%
4 Aug 15, 2023 Sep 15, 2023 Oct 02, 2023 $0.300 0.770%
5 May 16, 2023 Jun 16, 2023 Jul 03, 2023 $0.290 0.628%

FAQ

What is the symbol for Stock Yards Bancorp Stock and on which exchange is it traded?
The symbol for Stock Yards Bancorp is SYBT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Stock Yards Bancorp Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Stock Yards Bancorp stock to perform well in the short-term.

How to buy Stock Yards Bancorp Stock?
Stock Yards Bancorp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Stock Yards Bancorp Stock.

What's the current price of Stock Yards Bancorp Stock?
As of the end of day on the Jul 22, 2024, the price of an Stock Yards Bancorp (SYBT) share was $57.51.

What is the 52-week high and low for Stock Yards Bancorp Stock?
The 52-week high for Stock Yards Bancorp Stock is $58.67 and the 52-week low is $36.93.

What is the market capitalization of Stock Yards Bancorp Stock?
As of the Jul 22, 2024, the market capitalization of Stock Yards Bancorp is 1.69B.

When is the next earnings date for Stock Yards Bancorp?
The upcoming earnings date for Stock Yards Bancorp is Jul 24, 2024.
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About Stock Yards Bancorp

Stock Yards Ban Stock Yards Bancorp, Inc. operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States. It operates in two segments, Commercial Banking, and WM&T. The Commercial Banking segment offers mortgage banking and deposit services; retail, commercial, and commercial real estate lending services; and online banking, mobile banking, private banking... SYBT Profile

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