BOSTON BEER COMPANY INC-A (SAM) Technical Analysis
NYSE:SAM • US1005571070
Current stock price
SAM Technical Rating and Analysis
Taking everything into account, SAM scores 0 out of 10 in our technical rating. SAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, SAM is a bad performer in the overall market: 77% of all stocks are doing better.
- In the last month SAM has a been trading in the 207.85 - 264.46 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- SAM is part of the Beverages industry. There are 33 other stocks in this industry, SAM did better than 59% of them.
- SAM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SAM is lagging the market.
SAM Weekly and Daily overview Charts
SAM Setup Rating and Analysis
The technical rating of SAM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SAM Support and Resistance Analysis
188.26
When analyzing the support we notice one important area.
- A support zone ranging from 190.16 to 190.17. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 231.09 to 238.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @249.73 from a horizontal line in the weekly time frame.
- Resistance @254.71 from a trend line in the weekly time frame.
SAM 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 | NEUTRAL | NEUTRAL | The long term trend for SAM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SAM is down. |
| ChartMill Relative Strength | 23.8 | NEGATIVE | SAM has a low relative strength, it was outperformed by 76.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SAM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.16 | NEUTRAL | The RSI value for SAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.99 | NEGATIVE | The MACD value suggests SAM has a negative trend. |
| Stochastics (14,3) | 30.79 | NEUTRAL | The Stochastics value for SAM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for SAM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.03 | NEGATIVE | The low ADX value for SAM suggests a weak or negative trend. |
SAM Chart- and CandleStick Pattern Analysis
SAM Technicals: Chart, Performance Metrics, Trend & Indicators
214.3
-22.74 (-9.59%)
BOSTON BEER COMPANY INC-A / SAM TA FAQ
What is the ChartMill technical rating of BOSTON BEER COMPANY INC-A (SAM) stock?
ChartMill assigns a technical rating of 0 / 10 to SAM.
Can you provide the trend direction for BOSTON BEER COMPANY INC-A?
The current trend direction for BOSTON BEER COMPANY INC-A (SAM) is Bearish.
Can you provide the RSI signal for BOSTON BEER COMPANY INC-A?
BOSTON BEER COMPANY INC-A (SAM) has an RSI value of 32.1584. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BOSTON BEER COMPANY INC-A?
The MACD indicator for BOSTON BEER COMPANY INC-A (SAM) has a value of -2.99274, indicating a bearish trend.
Can you provide the support and resistance levels for BOSTON BEER COMPANY INC-A?
BOSTON BEER COMPANY INC-A (SAM) has a support level at 190.17 and a resistance level at 231.09. Check the full technical report for our detailed analysis of SAM support and resistance levels.