Overall SASR gets a technical rating of 2 out of 10. Although SASR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SASR 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
19.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.60 to 27.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.92 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 28.74 to 29.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @29.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 31.64 to 32.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.58 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for SASR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SASR is down. |
| ChartMill Relative Strength | 85.8 | POSITIVE | SASR has a high relative strength, it outperformed 85.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SASR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SASR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SASR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.96 | NEUTRAL | The RSI value for SASR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SASR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 19.67 | OVERSOLD | The low Stochastics value suggests SASR may be oversold. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for SASR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.05 | NEGATIVE | The low ADX value for SASR suggests a weak or negative trend. |
27.95
+0.35 (+1.27%)
SANDY SPRING BANCORP INC / SASR FAQ
Can you provide the ChartMill technical rating for SANDY SPRING BANCORP INC?
ChartMill assigns a technical rating of 2 / 10 to SASR.
What is the current trend direction of SANDY SPRING BANCORP INC (SASR) stock?
The current trend direction for SANDY SPRING BANCORP INC (SASR) is Bearish.
What is the RSI signal for SANDY SPRING BANCORP INC (SASR) stock?
SANDY SPRING BANCORP INC (SASR) has an RSI value of 31.9564. This indicates that the stock is currently neutral.
What is the MACD signal for SANDY SPRING BANCORP INC (SASR) stock?
The MACD indicator for SANDY SPRING BANCORP INC (SASR) has a value of 0.0012728, indicating a bearish trend.
What is the support and resistance level for SASR stock?
SANDY SPRING BANCORP INC (SASR) has a support level at 27.6 and a resistance level at 28.74. Check the full technical report for our detailed analysis of SASR support and resistance levels.