Stock Yards Bancorp(US:SYBT) ZACKS·2025-08-04 14:56Core Viewpoint - Stock Yards Bancorp (SYBT) has experienced a bearish trend recently, losing 6.3% over the past week, but the formation of a hammer chart pattern suggests a potential trend reversal as buying interest may be increasing [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, with selling pressure likely subsiding, which supports a bullish outlook for the stock [2][5]. - A hammer pattern forms when there is a small candle body with a long lower wick, signaling that bears may be losing control and bulls are starting to gain traction [4][5]. - This pattern can occur across various timeframes, making it relevant for both short-term and long-term investors [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for SYBT, with a 4.2% increase in the consensus EPS estimate over the last 30 days, indicating that analysts expect better earnings than previously predicted [7][8]. - The company currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9][10]. - The Zacks Rank serves as a strong timing indicator for identifying improvements in a company's prospects, further supporting the case for a potential trend reversal for SYBT [10].