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 1 out of 10. SAM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SAM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 191.38, a Stop Loss order could be placed below this zone.
More info and screens
185.18
We found 2 important support areas.
- 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 198.93 to 199.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 203.04 to 205.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @217.47 from a trend line in the weekly time frame.
- A resistance zone ranging from 225.29 to 226.97. 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 | NEUTRAL | NEUTRAL | The short term trend for SAM is neutral. |
| ChartMill Relative Strength | 14.03 | NEGATIVE | SAM has a low relative strength, it was outperformed by 85.97% 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 | 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) | 48.59 | NEUTRAL | The RSI value for SAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests SAM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.2 | NEUTRAL | The Stochastics value for SAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for SAM suggests some volalility. |
| Average Directional Index/ADX (14) | 12.57 | NEGATIVE | The low ADX value for SAM suggests a weak or negative trend. |
198.83
+0.51 (+0.26%)
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 1 / 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 48.587. 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 0.990168, 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 neutral.