We assign a technical rating of 2 out of 10 to SBA. SBA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of SBA is bad and it also does not present a quality setup at the moment.
More info and screens
13.98
2 important support areas can be observed.
- A support zone ranging from 15.03 to 15.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.12 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @16.01 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 SBA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBA is down. |
| ChartMill Relative Strength | 42.65 | NEUTRAL | SBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SBA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SBA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBA is above the rising SMA(200). |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for SBA suggests low volalility. |
NYSEARCA:SBA (7/25/2012, 4:17:09 PM)
15.43
-0.13 (-0.84%)
Bank Of America Corp. / SBA FAQ
Can you provide the ChartMill technical rating for Bank Of America Corp.?
ChartMill assigns a technical rating of 2 / 10 to SBA.
Can you provide the trend direction for Bank Of America Corp.?
The current trend direction for Bank Of America Corp. (SBA) is Bearish.
Can you provide the RSI signal for Bank Of America Corp.?
Bank Of America Corp. (SBA) has an RSI value of null. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for Bank Of America Corp.?
The buy/sell signal for Bank Of America Corp. (SBA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SBA stock?
Bank Of America Corp. (SBA) has a support level at 15.35 and a resistance level at 16.01. Check the full technical report for our detailed analysis of SBA support and resistance levels.