SilverBox Engaged Merger Corporation I (SBEAW) Technical Analysis
NASDAQ:SBEAW
Current stock price
SBEAW Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to SBEAW. In the last year, SBEAW was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, SBEAW is a bad performer in the overall market: 100% of all stocks are doing better.
- SBEAW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SBEAW has a been trading in the 0.90 - 2.17 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SBEAW Weekly and Daily overview Charts
SBEAW Setup Rating and Analysis
SBEAW has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SBEAW Support and Resistance Analysis
1.15
When analyzing the support we notice one important area.
- Support @1.16 from a trend line in the daily time frame.
SBEAW 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 | NEUTRAL | NEUTRAL | The long term trend for SBEAW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBEAW is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SBEAW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBEAW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SBEAW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 71.33 | OVERBOUGHT | The high RSI value suggests SBEAW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SBEAW has a positive trend. |
| Stochastics (14,3) | 64.37 | NEUTRAL | The Stochastics value for SBEAW is a neutral value. |
| Average True Range in percent/ATR (20) | 10.17 | HIGH VOLATILITY | The high ATR as a percentage value for SBEAW suggests high volalility. |
SBEAW Chart- and CandleStick Pattern Analysis
SBEAW Technicals: Chart, Performance Metrics, Trend & Indicators
SilverBox Engaged Merger Corporation I
NASDAQ:SBEAW (2/9/2022, 8:02:46 PM)
After market: 2.3 +0.25 (+12.2%)2.05
+0.7 (+51.85%)
SilverBox Engaged Merger Corporation I / SBEAW TA FAQ
What is the technical rating for SBEAW stock?
ChartMill assigns a technical rating of 4 / 10 to SBEAW.
What is the trend direction for SBEAW stock?
The current trend direction for SilverBox Engaged Merger Corporation I (SBEAW) is Bearish.
Can you provide the RSI signal for SilverBox Engaged Merger Corporation I?
SilverBox Engaged Merger Corporation I (SBEAW) has an RSI value of 71.325. This indicates that the stock is currently overbought.
What are the support and resistance levels for SilverBox Engaged Merger Corporation I (SBEAW) stock?
SilverBox Engaged Merger Corporation I (SBEAW) has a support level at 1.16. Check the full technical report for our detailed analysis of SBEAW support and resistance levels.