SOLO BRANDS INC - CLASS A (SBDS) Technical Analysis
NYSE:SBDS • US83425V2034
Current stock price
SBDS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SBDS. SBDS 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.
- 100% of all other stocks performed better in the past year than SBDS.
- SBDS is one of the lesser performing stocks in the Leisure Products industry. 86% of 31 stocks in the same industry do better.
- In the last month SBDS has a been trading in the 3.04 - 8.17 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
SBDS Weekly and Daily overview Charts
SBDS Setup Rating and Analysis
SBDS has a poor technical rating and the quality of the setup is also only medium 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
SBDS Support and Resistance Analysis
3.57
4 important resistance areas can be observed.
- Resistance @6.52 from a trend line in the daily time frame.
- Resistance @6.98 from a trend line in the daily time frame.
- Resistance @7.75 from a horizontal line in the daily time frame.
- Resistance @8.80 from a horizontal line in the daily time frame.
SBDS Technical Indicator Signal Analysis
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 SBDS is down. |
| 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) | 36.34 | NEUTRAL | The RSI value for SBDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SBDS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.32 | OVERSOLD | The low Stochastics value suggests SBDS may be oversold. |
| Average True Range in percent/ATR (20) | 23.15 | HIGH VOLATILITY | The high ATR as a percentage value for SBDS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for SBDS suggests a possible start of a new trend. |
SBDS Chart- and CandleStick Pattern Analysis
SBDS Technicals: Chart, Performance Metrics, Trend & Indicators
3.61
-0.19 (-5%)
SOLO BRANDS INC - CLASS A / SBDS TA 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 trend direction for SBDS stock?
The current trend direction for SOLO BRANDS INC - CLASS A (SBDS) is Bearish.
Can you provide the RSI signal for SOLO BRANDS INC - CLASS A?
SOLO BRANDS INC - CLASS A (SBDS) has an RSI value of 36.344. This indicates that the stock is currently neutral.
What is the short term momentum for SOLO BRANDS INC - CLASS A (SBDS) stock?
The short term momentum for SOLO BRANDS INC - CLASS A (SBDS) is negative.
What is the buy/sell signal for SBDS stock?
The buy/sell signal for SOLO BRANDS INC - CLASS A (SBDS) is sell as both the short term and long term trends are negative.