Taking everything into account, SBEV scores 2 out of 10 in our technical rating. Although SBEV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- SBEV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SBEV has a been trading in the 0.65 - 1.28 range, which is quite wide. It is currently trading near the lows of this range.
- SBEV is one of the better performing stocks in the Beverages industry, it outperforms 96% of 33 stocks in the same industry.
- SBEV has an average volume of 1838290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that SBEV is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
SBEV has a poor technical rating and the quality of the setup is also not perfect 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
0.73
We found 2 important support areas.
- A support zone ranging from 0.76 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.74 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.90 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.11 from a trend line in the daily time frame.
- Resistance @1.36 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 | DOWN | NEGATIVE | The long term trend for SBEV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBEV is down. |
| ChartMill Relative Strength | 97.08 | POSITIVE | SBEV has a high relative strength, it outperformed 97.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SBEV is above a declining 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) | DOWN | NEGATIVE | The current price of SBEV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.54 | NEUTRAL | The RSI value for SBEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SBEV has a positive trend. |
| Stochastics (14,3) | 13.53 | OVERSOLD | The low Stochastics value suggests SBEV may be oversold. |
| Average True Range in percent/ATR (20) | 14.61 | HIGH VOLATILITY | The high ATR as a percentage value for SBEV suggests high volalility. |
| Average Directional Index/ADX (14) | 23.29 | NEUTRAL | The ADX value for SBEV suggests a possible start of a new trend. |
0.816
+0.09 (+11.75%)
SPLASH BEVERAGE GROUP INC / SBEV FAQ
What is the technical rating for SBEV stock?
ChartMill assigns a technical rating of 2 / 10 to SBEV.
What is the trend direction for SBEV stock?
The current trend direction for SPLASH BEVERAGE GROUP INC (SBEV) is Bearish.
What is the RSI signal for SBEV stock?
SPLASH BEVERAGE GROUP INC (SBEV) has an RSI value of 46.5393. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPLASH BEVERAGE GROUP INC?
The MACD indicator for SPLASH BEVERAGE GROUP INC (SBEV) has a value of 0.021608, indicating a bearish trend.
Can you provide the support and resistance levels for SPLASH BEVERAGE GROUP INC?
SPLASH BEVERAGE GROUP INC (SBEV) has a support level at 0.78 and a resistance level at 0.9. Check the full technical report for our detailed analysis of SBEV support and resistance levels.