BOSTON BEER COMPANY INC-A (SAM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SAM - US1005571070 - Common Stock
Overall SAM gets a technical rating of 2 out of 10. In the past year, SAM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of SAM is bad and it also does not present a quality setup 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
185.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 199.43 to 200.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 190.16 to 191.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 187.05 to 187.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @212.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 222.93 to 223.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @226.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 231.61 to 231.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SAM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAM is up. |
| ChartMill Relative Strength | 18.61 | NEGATIVE | SAM has a low relative strength, it was outperformed by 81.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SAM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.39 | NEUTRAL | The RSI value for SAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.43 | POSITIVE | The MACD value suggests SAM has a positive trend. |
| Stochastics (14,3) | 84.3 | OVERBOUGHT | The high Stochastics value suggests SAM may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for SAM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.92 | NEGATIVE | The low ADX value for SAM suggests a weak or negative trend. |
207.82
-1.44 (-0.69%)
BOSTON BEER COMPANY INC-A / SAM FAQ
What is the ChartMill technical rating of BOSTON BEER COMPANY INC-A (SAM) stock?
ChartMill assigns a technical rating of 2 / 10 to SAM.
What is the trend direction for SAM stock?
The current trend direction for BOSTON BEER COMPANY INC-A (SAM) is Bearish.
What is the RSI signal for BOSTON BEER COMPANY INC-A (SAM) stock?
BOSTON BEER COMPANY INC-A (SAM) has an RSI value of 60.3941. This indicates that the stock is currently neutral.
What is the MACD signal for SAM stock?
The MACD indicator for BOSTON BEER COMPANY INC-A (SAM) has a value of 1.43339, indicating a bullish trend.
What is the short term momentum for BOSTON BEER COMPANY INC-A (SAM) stock?
The short term momentum for BOSTON BEER COMPANY INC-A (SAM) is positive.