BOSTON BEER COMPANY INC-A (SAM) Stock Technical Analysis
USA - NYSE:SAM - US1005571070 - Common Stock
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.
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
We found 1 important support area.
- Support @187.05 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 218.52 to 220.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @226.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 230.78 to 231.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @254.67 from a horizontal line in the daily time frame.
- Resistance @269.09 from a trend 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 | 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 | 14.2 | NEGATIVE | SAM has a low relative strength, it was outperformed by 85.8% 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) | DOWN | NEGATIVE | The current price of SAM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.17 | NEUTRAL | The RSI value for SAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.83 | NEGATIVE | The MACD value suggests SAM has a negative trend. |
| Stochastics (14,3) | 6.02 | OVERSOLD | The low Stochastics value suggests SAM may be oversold. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SAM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.92 | NEGATIVE | The low ADX value for SAM suggests a weak or negative trend. |
206.99
+0.93 (+0.45%)
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 0 / 10 to SAM.
What is the current trend direction of BOSTON BEER COMPANY INC-A (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 39.1709. 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 -1.82593, indicating a bearish trend.
What is the short term momentum for SAM stock?
The short term momentum for BOSTON BEER COMPANY INC-A (SAM) is negative.