NASDAQ:SABR - US78573M1045 - Common Stock
We assign a technical rating of 0 out of 10 to SABR. SABR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SABR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.78. Right above this resistance zone may be a good entry point.
1.68
We found 1 important support area.
When analyzing the resistance we notice 3 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 | 4.5 | NEGATIVE | SABR has a low relative strength, it was outperformed by 95.5% 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) | 28.58 | OVERSOLD | The low RSI value suggests SABR may be oversold. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SABR has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 31.37 | NEUTRAL | The Stochastics value for SABR is a neutral value. |
Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for SABR suggests some volalility. |
Average Directional Index/ADX (14) | 43.13 | POSITIVE | The high ADX value value for SABR suggests a strong trend. |
1.72
-0.05 (-2.82%)