Seacoast Banking Corporation of Florida (SBCF)

Seacoast Banking Corporation of Florida is trading at $35.50, down 0.85% on the session. The 50 day average sits at $33.08 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 70.4, which reads as overbought, and MACD is bullish crossover. Volume is average.

The nearest support is around $34.21 with resistance near $36.18, so that band frames the current range. Average daily movement is roughly $0.73, or about 2.1% of the share price, which is what any stop placement has to allow for. The overall health score of 73 out of 100 combines a trend score of 72, momentum of 70 and a risk score of 78.

Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides integrated financial services to retail and commercial customers in Florida. The company offers noninterest and interest-bearing demand deposits, money market, savings, and customer sweep accounts; time deposits; construction and land development, commercial and residential real estate, and commercial and financial loans; and consumer loans, including installment and revolving lines, as well as loans for automobiles, boats, and personal and family purposes. It also provides wealth management, mortgage, and insurance services through mobile and online banking solutions, as well as brokerage and annuity services. The company was founded in 1926 and is headquartered in Stuart, Florida.