What Technical Indicators Show About SVB Financial Group (SIVB)?


SVB Financial Group (NASDAQ:SIVB) finished Friday with a subtraction of -$4.49 to close at $230.14, a downside of -1.91 percent. An average of 607,860 shares of common stock have been traded in the last five days. There was a gain of $14.34 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 1,054,535 shares traded, while the 50-day average volume stands at 1,245,592.

SIVB stock has decreased by -0.71% in the last month. The company shares reached their 1-month lowest point of $198.10 on 12/07/22. With the stock rallying to its 52-week high on 01/12/22, shares of the company touched a low of $198.10 and a high of $752.68 in 52 weeks. It has reached a new high 5 times so far this year and lost -66.07% or -$448.10 in price. In spite of this, the price is down -69.42% from the 52-week high.

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Insider Transactions

SIVB stock investors should be aware that SVB Financial Group (SIVB) stock had its last reported insider trading activity 3 days ago on Dec 28. In this transaction, the insider spent $520,483. Chief Financial Officer, Beck Daniel J, disposed of 580 shares at a price of $231.69 on Dec 01. The insider now owns more than $134,380 worth of shares. Prior to that, Chief Marketing Officer DRAPER MICHELLE went on to Sale 36 shares at $393.58 each on Oct 13. An amount of $14,169 was transacted.

Valuation Metrics

SVB Financial Group (SIVB) has a trailing price-to-earnings (P/E) ratio of 8.54. The stock’s beta is 1.49. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.77, the price-to-book (PB) ratio at 1.15, and the price-to-cash flow ratio at 5.79.

Financial Health

Further, the company has a long term debt to equity ratio of 0.28 and a total debt to equity ratio of 0.28 for the quarter ending September 29. Its gross profit as reported stood at $3.18 billion compared to revenue of $3.29 billion.

Earnings Surprise

For the three-month period that ended September 29, SVB Financial Group had $3.37 billion in total debt. The analyst consensus anticipated SVB Financial Group’s latest quarter earnings to come in at $6.94 per share, but it turned out to be $7.21, a 3.90% surprise. At the end of the quarter ending September 29, SVB Financial Group’s stock balance sheet showed total debt was $17.87 billion. Shareholders own equity worth $59.1 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at SVB Financial Group (SIVB) price momentum. RSI 9-day as of the close on 30 December was 59.81%, suggesting the stock is Neutral, with historical volatility in this time frame at 44.21%.

As of today, SIVB’s price is $222.84 +6.65% or $14.34 from its 5-day moving average. SIVB is currently trading +0.86% higher than its 20-day SMA and -45.17% lower than its 100-day SMA. However, the stock’s current price level is -27.03% below the SMA50 and -58.67% below the SMA200.

The stochastic %K and %D were 49.11% and 41.27%, respectively, and the average true range (ATR) was 10.23. With the 14-day stochastic at 56.75% and the average true range at 10.88, the RSI (14) stands at 53.75%. The stock has reached 8.16 on the 9-day MACD Oscillator while the 14-day reading was at 6.19.

Analyst Ratings

Morgan Stanley downgraded SVB Financial Group (NASDAQ: SIVB) to a an Underweight rating in its most recent analyst report. Previously, the stock was rated as an Equal-weight. The consensus rating for SVB Financial Group (SIVB) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell SIVB, while 11 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 11 others rate it as a “buy”.

What is SIVB’s price target for the next 12 months?

Analysts predict a range of price targets between $190.00 and $600.00, with a median target of $265.00. Taking a look at these predictions, the average price target given by analysts for SVB Financial Group (SIVB) stock is $283.86.


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