Strongbridge Bio Ord (SBBP) Stock Technical Analysis
NASDAQ:SBBP - Nasdaq -
We assign a technical rating of 0 out of 10 to SBBP. SBBP 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SBBP is a bad performer in the overall market: 94% of all stocks are doing better.
SBBP is one of the lesser performing stocks in the Pharmaceuticals industry. 72% of 194 stocks in the same industry do better.
SBBP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SBBP has a been trading in the 1.95 - 2.32 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, SBBP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.95, a Stop Loss order could be placed below this zone.
More info and screens
1.86
2.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.94 to 1.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1.88 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 2.05 to 2.06. 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 2.28 to 2.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.53 from a trend line in the daily time frame.
- Resistance @2.80 from a trend line in the weekly time frame.
- Resistance @2.91 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 | DOWN | NEGATIVE | The long term trend for SBBP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBBP is down. |
| ChartMill Relative Strength | 6.91 | NEGATIVE | SBBP has a low relative strength, it was outperformed by 93.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SBBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.06 | NEUTRAL | The RSI value for SBBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SBBP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.38 | OVERSOLD | The low Stochastics value suggests SBBP may be oversold. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for SBBP suggests high volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2
+0.03 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.52%
1 Week-2.91%
2 Weeks-4.31%
1 Month-8.68%
3 Month-34.64%
6 Month-23.95%
12 Month-11.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.25%
ATR Inc15.08%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.91
Mansfield-2.91
10 Day High2.22
10 Day Low1.95
20 Day High2.32
20 Day Low1.95
52 Week High4.26
52 Week Low1.85
CS1 End1.95
CR1 Start2.05
Volume & EV
DER(3)2.74%
DER(5)-5.03%
Volume684.60K
Volume Incr70.77%
Vol(5)357.06K
Vol(50)294.94K