SOLO BRANDS INC - CLASS A (SBDS) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:SBDS • US83425V2034
Taking everything into account, SBDS scores 0 out of 10 in our technical rating. SBDS'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.
- When comparing the yearly performance of all stocks, SBDS is a bad performer in the overall market: 100% of all stocks are doing better.
- SBDS is part of the Leisure Products industry. There are 31 other stocks in this industry, of which 83% are performing better than SBDS.
- In the last month SBDS has a been trading in the 5.11 - 8.90 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Although the technical rating is bad, SBDS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
5.71
We found 1 important support area.
- Support @5.77 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @8.40 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for SBDS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBDS is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SBDS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBDS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBDS is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.96 | NEUTRAL | The RSI value for SBDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SBDS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.06 | NEUTRAL | The Stochastics value for SBDS is a neutral value. |
| Average True Range in percent/ATR (20) | 14.94 | HIGH VOLATILITY | The high ATR as a percentage value for SBDS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.39 | NEGATIVE | The low ADX value for SBDS suggests a weak or negative trend. |
5.9
-0.01 (-0.17%)
SOLO BRANDS INC - CLASS A / SBDS FAQ
What is the ChartMill technical rating of SOLO BRANDS INC - CLASS A (SBDS) stock?
ChartMill assigns a technical rating of 0 / 10 to SBDS.
What is the current trend direction of SOLO BRANDS INC - CLASS A (SBDS) stock?
The current trend direction for SOLO BRANDS INC - CLASS A (SBDS) is Bearish.
What is the RSI signal for SBDS stock?
SOLO BRANDS INC - CLASS A (SBDS) has an RSI value of 43.9627. This indicates that the stock is currently neutral.
What is the short term momentum for SBDS stock?
The short term momentum for SOLO BRANDS INC - CLASS A (SBDS) is negative.