SPLASH BEVERAGE GROUP INC (SBEV) Stock Technical Analysis
USA - NYSEARCA:SBEV - US84862C3025 - Common Stock
2.19 USD
-0.07 (-3.1%)
2.1 USD
-0.09 (-4.11%)
Taking everything into account, SBEV scores 5 out of 10 in our technical rating. In the past year, SBEV was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
SBEV 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SBEV is one of the better performing stocks in the Beverages industry, it outperforms 100% of 32 stocks in the same industry.
In the last month SBEV has a been trading in the 1.57 - 2.32 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SBEV did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SBEV has an average technical rating and it also does not offer a high 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.
More info and screens
1.57
2.29
When analyzing the support we can see 2 important areas.
- Support @1.70 from a trend line in the daily time frame.
- Support @1.59 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.27 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for SBEV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SBEV is up. |
| ChartMill Relative Strength | 99.21 | POSITIVE | SBEV has a high relative strength, it outperformed 99.21% 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 | MIXED | The current price of SBEV is above 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) | 59.8 | NEUTRAL | The RSI value for SBEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SBEV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.75 | OVERBOUGHT | The high Stochastics value suggests SBEV may be overbought. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for SBEV suggests high volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for SBEV suggests a strong 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)
2.19
-0.07 (-3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-3.1%
1 Week27.33%
2 Weeks33.54%
1 Month28.07%
3 Month-20.54%
6 Month1354.18%
12 Month684.95%
2 Year271.19%
3 Year59.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%7.77%
ATR Inc-2.68%
Range Today0.09
ADR(20)0.17
ADR(20)%7.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.21
Mansfield1.83
10 Day High2.32
10 Day Low1.57
20 Day High2.32
20 Day Low1.57
52 Week High9.79
52 Week Low0.06
CS1 End1.7
CR1 Start2.27
Volume & EV
DER(3)7.23%
DER(5)10.41%
Volume40.30K
Volume Incr-87.57%
Vol(5)154.00K
Vol(50)547.75K