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 7 out of 10 in our technical rating. Although SAM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month SAM has a been trading in the 207.70 - 250.32 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, SAM turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- SAM is an average performer in the Beverages industry, it outperforms 62% of 33 stocks in the same industry.
- SAM 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 SAM is lagging the market slightly.
SAM Weekly and Daily overview Charts
SAM Setup Rating and Analysis
SAM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 230.81, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SAM Support and Resistance Analysis
185.19
We found 4 important support areas.
- A support zone ranging from 223.66 to 230.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @217.75 from a horizontal line in the daily time frame.
- A support zone ranging from 190.17 to 191.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @187.06 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @243.22 from a trend line in the weekly time frame.
- A resistance zone ranging from 247.58 to 250.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAM is up. |
| ChartMill Relative Strength | 66.73 | NEUTRAL | SAM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SAM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SAM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.77 | NEUTRAL | The RSI value for SAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests SAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.19 | NEUTRAL | The Stochastics value for SAM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for SAM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.4 | NEGATIVE | The low ADX value for SAM suggests a weak or negative trend. |
SAM Chart- and CandleStick Pattern Analysis
SAM Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 243.23 | 223.65 | 19.58 (8.05%) | 12.42% |
| An entry @243.23. This is a Buy Stop order right above the resistance zone. | An exit @223.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 19.58 points, which is 8.05%. | When investing 12.42% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SAM Technicals: Chart, Performance Metrics, Trend & Indicators
231.5
+2.3 (+1%)
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 7 / 10 to SAM.
What is the trend direction for SAM stock?
The current trend direction for BOSTON BEER COMPANY INC-A (SAM) is Bullish.
What is the RSI signal for BOSTON BEER COMPANY INC-A (SAM) stock?
BOSTON BEER COMPANY INC-A (SAM) has an RSI value of 52.7696. 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 -0.404796, indicating a bearish 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.