SPLASH BEVERAGE GROUP INC (SBEV) Stock Technical Analysis
NYSEARCA:SBEV - NYSE Arca - US84862C3025 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to SBEV. In the last year, SBEV was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, SBEV did better than 99% of all other stocks.
SBEV is one of the better performing stocks in the Beverages industry, it outperforms 100% of 33 stocks in the same industry.
SBEV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SBEV is lagging the market.
In the last month SBEV has a been trading in the 2.14 - 5.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SBEV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.50, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SBEV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.00
3.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.43 to 3.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.36 from a trend line in the weekly time frame.
- A support zone ranging from 3.21 to 3.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.03 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.72 to 3.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SBEV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBEV is neutral. |
| ChartMill Relative Strength | 99.78 | POSITIVE | SBEV has a high relative strength, it outperformed 99.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBEV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBEV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBEV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.18 | NEUTRAL | The RSI value for SBEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SBEV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.99 | NEUTRAL | The Stochastics value for SBEV is a neutral value. |
| Average True Range in percent/ATR (20) | 14.59 | HIGH VOLATILITY | The high ATR as a percentage value for SBEV suggests high volalility. |
| Average Directional Index/ADX (14) | 20.34 | NEUTRAL | The ADX value for SBEV suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.74 | 3.42 | 0.32 (8.56%) | 11.69% |
| An entry @3.74. This is a Buy Stop order right above the resistance zone. | An exit @3.42. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.32 points, which is 8.56%. | When investing 11.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SBEV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.52
-0.19 (-5.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-5.12%
1 Week2.33%
2 Weeks-16.19%
1 Month2.36%
3 Month146.15%
6 Month1911.43%
12 Month1430.43%
2 Year279.07%
3 Year24.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%14.59%
ATR Inc-8.54%
Range Today0.59
ADR(20)0.49
ADR(20)%13.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.78
Mansfield14.07
10 Day High4
10 Day Low3.01
20 Day High5.11
20 Day Low2.14
52 Week High9.79
52 Week Low0.06
CS1 End3.5
CR1 Start3.72
Volume & EV
DER(3)20.69%
DER(5)27.28%
Volume9.70K
Volume Incr-87.69%
Vol(5)16.30K
Vol(50)113.46K