We assign a technical rating of 3 out of 10 to SBEV. 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.
Although the technical rating is bad, SBEV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.34, 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
0.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.31 to 1.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.82 from a trend line in the weekly time frame.
- Support @0.79 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.75 from a trend line in the daily time frame.
- Resistance @1.88 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 | NEUTRAL | NEUTRAL | The short term trend for SBEV is neutral. |
| ChartMill Relative Strength | 99.43 | POSITIVE | SBEV has a high relative strength, it outperformed 99.43% 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 | MIXED | The current price of SBEV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50 | NEUTRAL | The RSI value for SBEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SBEV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.54 | NEUTRAL | The Stochastics value for SBEV is a neutral value. |
| Average True Range in percent/ATR (20) | 18.4 | HIGH VOLATILITY | The high ATR as a percentage value for SBEV suggests high volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for SBEV suggests a possible start of a new trend. |
1.35
+0.03 (+2.27%)
SPLASH BEVERAGE GROUP INC / SBEV FAQ
What is the technical rating for SBEV stock?
ChartMill assigns a technical rating of 3 / 10 to SBEV.
Can you provide the trend direction for SPLASH BEVERAGE GROUP INC?
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 49.9961. This indicates that the stock is currently neutral.
What is the short term momentum for SBEV stock?
The short term momentum for SPLASH BEVERAGE GROUP INC (SBEV) is neutral.