Taking everything into account, SABR scores 0 out of 10 in our technical rating. SABR'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.
Although the technical rating is bad, SABR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.29. Right above this resistance zone may be a good entry point.
1.20
When analyzing the resistance we notice 2 important areas.
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 SABR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SABR is down. |
| ChartMill Relative Strength | 4.55 | NEGATIVE | SABR has a low relative strength, it was outperformed by 95.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SABR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SABR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SABR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.51 | NEUTRAL | The RSI value for SABR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SABR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.83 | NEUTRAL | The Stochastics value for SABR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.22 | HIGH VOLATILITY | The high ATR as a percentage value for SABR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for SABR suggests a weak or negative trend. |
1.21
-0.05 (-3.97%)
ChartMill assigns a technical rating of 0 / 10 to SABR.
The current trend direction for SABRE CORP (SABR) is Bearish.
SABRE CORP (SABR) has an RSI value of 34.5147. This indicates that the stock is currently neutral.
The MACD indicator for SABRE CORP (SABR) has a value of 0.00378213, indicating a bearish trend.
The short term momentum for SABRE CORP (SABR) is negative.