Logo image of SBE

Switchback Energy Acquisition Corp Cl A (SBE) Stock Technical Analysis

NYSE:SBE - New York Stock Exchange, Inc. -

30.83  -2.09 (-6.35%)

After market: 31.39 +0.56 (+1.82%)

Technical Rating and Analysis

3

Taking everything into account, SBE scores 3 out of 10 in our technical rating. In the last year, SBE was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month SBE has a been trading in the 26.73 - 43.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SBE has an average volume of 3518100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, SBE did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SBE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SBE is lagging the market slightly.
Weekly and Daily overview Charts
Switchback Energy Acquisition Corp Cl A / SBE Weekly stock chart
Switchback Energy Acquisition Corp Cl A / SBE Daily stock chart
Setup Rating and Analysis

2

The technical rating of SBE 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.

Support and Resistance Analysis

17.82

40.39

We found 1 important support area.

  • Support @18.00 from a trend line in the daily time frame.

We found 1 important resistance area.

  • Resistance @39.99 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.35
Mansfield4.91
10 Day High39
10 Day Low26.73
20 Day High43
20 Day Low26.73
52 Week High49.48
52 Week Low9.38
Performance
1 Week-15.16%
2 Weeks-17.01%
1 Month-22.01%
3 Month-16.97%
6 Month202.26%
12 Month209.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.79
RSI(14)30.39
LBB30.83
UBB42.24
Switchback Energy Acquisition Corp Cl A / SBE Daily stock chart

Switchback Energy Acquisition Corp Cl A

NYSE:SBE (2/26/2021, 8:04:00 PM)

After market: 31.39 +0.56 (+1.82%)

30.83

-2.09 (-6.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.35%
1 Week-15.16%
2 Weeks-17.01%
1 Month-22.01%
3 Month-16.97%
6 Month202.26%
12 Month209.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.36
ATR(20)%9.77%
ATR Inc120.77%
Range Today5.95
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
CRS92.35
Mansfield4.91
10 Day High39
10 Day Low26.73
20 Day High43
20 Day Low26.73
52 Week High49.48
52 Week Low9.38
CS1 End18
CR1 Start39.99
Volume & EV
DER(3)2.96%
DER(5)2.27%
Volume6.29M
Volume Incr23.54%
Vol(5)3.37M
Vol(50)3.52M