Taking everything into account, SABS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SABS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SABS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.98
When analyzing the support we can see 4 important areas.
- Support @2.33 from a trend line in the weekly time frame.
- A support zone ranging from 2.23 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.12 from a trend line in the daily time frame.
- Support @2.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.96 from a horizontal 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 | UP | POSITIVE | The long term trend for SABS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SABS is up. |
| ChartMill Relative Strength | 94.59 | POSITIVE | SABS has a high relative strength, it outperformed 94.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SABS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SABS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SABS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.56 | NEUTRAL | The RSI value for SABS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SABS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.58 | OVERBOUGHT | The high Stochastics value suggests SABS may be overbought. |
| Average True Range in percent/ATR (20) | 7.63 | HIGH VOLATILITY | The high ATR as a percentage value for SABS suggests high volalility. |
| Average Directional Index/ADX (14) | 46.45 | POSITIVE | The high ADX value value for SABS suggests a strong trend. |
3.95
-0.09 (-2.23%)
SAB BIOTHERAPEUTICS INC / SABS FAQ
Can you provide the ChartMill technical rating for SAB BIOTHERAPEUTICS INC?
ChartMill assigns a technical rating of 9 / 10 to SABS.
Can you provide the trend direction for SAB BIOTHERAPEUTICS INC?
The current trend direction for SAB BIOTHERAPEUTICS INC (SABS) is Bullish.
What is the RSI signal for SAB BIOTHERAPEUTICS INC (SABS) stock?
SAB BIOTHERAPEUTICS INC (SABS) has an RSI value of 67.5573. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SAB BIOTHERAPEUTICS INC?
The short term momentum for SAB BIOTHERAPEUTICS INC (SABS) is positive.
What is the support and resistance level for SABS stock?
SAB BIOTHERAPEUTICS INC (SABS) has a support level at 2.33 and a resistance level at 3.96. Check the full technical report for our detailed analysis of SABS support and resistance levels.