SAB BIOTHERAPEUTICS INC (SABS) Technical Analysis
NASDAQ:SABS • US78397T2024
Current stock price
SABS Technical Rating and Analysis
Taking everything into account, SABS scores 6 out of 10 in our technical rating. In the last year, SABS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month SABS has a been trading in the 3.69 - 5.15 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that SABS is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, SABS also shows a nice and consistent pattern of rising prices.
- SABS is part of the Biotechnology industry. There are 517 other stocks in this industry. SABS outperforms 85% of them.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- SABS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SABS is lagging the market slightly.
SABS Weekly and Daily overview Charts
SABS Setup Rating and Analysis
Although the technical rating is only medium, SABS 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 3.85. Right above this resistance zone may be a good entry point.
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SABS Support and Resistance Analysis
2.97
We found 3 important support areas.
- Support @3.84 from a trend line in the daily time frame.
- A support zone ranging from 3.55 to 3.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.00 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.85 to 4.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.35 to 4.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
SABS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for SABS is down. |
| ChartMill Relative Strength | 96.54 | POSITIVE | SABS has a high relative strength, it outperformed 96.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SABS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SABS is below a declining 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) | 47.48 | NEUTRAL | The RSI value for SABS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SABS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.71 | NEUTRAL | The Stochastics value for SABS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.21 | HIGH VOLATILITY | The high ATR as a percentage value for SABS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.82 | NEGATIVE | The low ADX value for SABS suggests a weak or negative trend. |
SABS Chart- and CandleStick Pattern Analysis
SABS Technicals: Chart, Performance Metrics, Trend & Indicators
3.85
-0.03 (-0.77%)
SAB BIOTHERAPEUTICS INC / SABS TA FAQ
Can you provide the ChartMill technical rating for SAB BIOTHERAPEUTICS INC?
ChartMill assigns a technical rating of 6 / 10 to SABS.
What is the trend direction for SABS stock?
The current trend direction for SAB BIOTHERAPEUTICS INC (SABS) is Bullish.
Can you provide the RSI signal for SAB BIOTHERAPEUTICS INC?
SAB BIOTHERAPEUTICS INC (SABS) has an RSI value of 47.4764. This indicates that the stock is currently neutral.
What is the short term momentum for SABS stock?
The short term momentum for SAB BIOTHERAPEUTICS INC (SABS) is negative.
What is the support and resistance level for SABS stock?
SAB BIOTHERAPEUTICS INC (SABS) has a support level at 3.84 and a resistance level at 3.85. Check the full technical report for our detailed analysis of SABS support and resistance levels.