REBORN COFFEE INC (REBN) Stock Technical Analysis
NASDAQ:REBN - Nasdaq - US75618M3051 - Common Stock - Currency: USD
Taking everything into account, REBN scores 0 out of 10 in our technical rating. REBN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than REBN.
REBN is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 87% of 41 stocks in the same industry do better.
REBN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month REBN has a been trading in the 2.35 - 2.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, REBN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.47, a Stop Loss order could be placed below this zone.
More info and screens
2.40
3.97
We found 1 important support area.
- A support zone ranging from 2.42 to 2.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.51 to 2.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.63 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.78 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.93 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for REBN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REBN is down. |
| ChartMill Relative Strength | 3.08 | NEGATIVE | REBN has a low relative strength, it was outperformed by 96.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REBN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REBN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REBN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.08 | NEUTRAL | The RSI value for REBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests REBN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.32 | NEUTRAL | The Stochastics value for REBN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for REBN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.15 | NEGATIVE | The low ADX value for REBN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.49
+0.02 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.81%
1 Week-1.97%
2 Weeks-4.23%
1 Month-10.11%
3 Month-42.63%
6 Month88.64%
12 Month-64.83%
2 Year-60.6%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.35%
ATR Inc5.2%
Range Today0.2
ADR(20)0.18
ADR(20)%7.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.08
Mansfield-2.46
10 Day High2.78
10 Day Low2.35
20 Day High2.99
20 Day Low2.35
52 Week High8.3
52 Week Low1.03
CS1 End2.47
CR1 Start2.51
Volume & EV
DER(3)-17.05%
DER(5)-14.53%
Volume73.90K
Volume Incr0.17%
Vol(5)60.58K
Vol(50)75.70K